Terra Quantum Switches SPAC Partner for Nasdaq Listing
The Swiss quantum technology firm has entered a merger agreement with Axiom Intelligence Acquisition Corp 1 for a Nasdaq listing in late 2026. This new deal values the company at 3.5 billion dollars and is expected to provide roughly 190 million dollars in proceeds for global expansion.
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Terra Quantum will merge with Axiom Intelligence Acquisition Corp 1 in a $3.5 billion deal to list on the NASDAQ. The transaction replaces a previous $3.25 billion agreement with Mountain Lake Acquisition Corp II. The move provides the quantum company with approximately $190 million in proceeds.
