Pasqal Surges 40% on Nasdaq Debut After SPAC Merger
French neutral-atom quantum computer developer Pasqal debuts on Nasdaq via a merger with SPAC Bleichroeder Acquisition II, jumping about 40% on its first trading day. The deal comes as Pasqal expands with a Saudi JV through Eleven Ventures to push into the MENA region, strengthens its U.S. presence with a Chicago HQ, and counts Nobel-laureate Alain Aspect among its co-founders, underscoring growing market interest in quantum tech.