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0002119292
IPO filing research

Pasqal Holding SA

Services-Computer Processing & Data Preparation · PSQL

follow-on trading priced Nasdaq 424B3

Pasqal Holding SA IPO research page with SEC filing history, offering status, deal terms, structured filing extracts, company news, and comparable IPO context. Latest filing: 424B3 on 2026-10-07. Current deal snapshot: exchange Nasdaq.

Filing Timeline

SEC EDGAR
424B3 priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows DRS and confirms the priced prospectus.
286,674,886 shares · Gross proceeds $0.00
Class A · Exchange NASDAQ · Ticker PASQ · Over-allotment 3,750,000 · Units · Up to 17,333,333 Public Warrants and 7,750,000 Private Placement Warrants exercisable at $11.50 per share · Use of proceeds Proceeds from warrant exercises for cash · Flags units
2026-10-07 · 0001213900-26-107394
EFFECT effective
SEC effectiveness notice
SEC declared the registration statement effective, allowing the offering to proceed.
Follows 425 and marks the registration effective.
2026-10-06 · 9999999995-26-003158
424B3 priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 425 and confirms the priced prospectus.
311,758,219 shares
Ordinary Shares Issuable Upon Exercise of Warrants and Private Placement Warrants · Exchange Nasdaq · Ticker PSQL · Warrants exercisable at $11.50 per Ordinary Share · Selling stockholders only · Use of proceeds Proceeds from warrant exercises will be received by the company · Flags foreign_private_issuer
2026-09-28 · 0001213900-26-103747
424B3 priced
Final prospectus
Final prospectus filed near launch with final deal terms.
First tracked pre-IPO filing for this issuer.
286,674,886 shares
Ordinary Shares Issuable Upon Exercise of Warrants and Private Placement Warrants · Exchange Nasdaq · Ticker PSQL · Up to 17,333,333 Public Warrants and 7,750,000 Private Placement Warrants · Selling stockholders only · Use of proceeds Proceeds will be used by the selling stockholders for general corporate purposes · Flags foreign_private_issuer, warrants
2026-09-24 · 0001213900-26-102836
EFFECT effective
SEC effectiveness notice
SEC declared the registration statement effective, allowing the offering to proceed.
Follows 425 and marks the registration effective.
2026-09-18 · 9999999995-26-003010
424B3 priced
Final prospectus
Final prospectus filed near launch with final deal terms.
First tracked pre-IPO filing for this issuer.
286,674,886 shares
Class A · Exchange NASDAQ · Ticker PSAL · Over-allotment 3,750,000 · Units consisting of one Class A ordinary share and one-third of one warrant · Public Warrants exercisable at $11.50 per share; Private Placement Warrants exercisable at $11.50 per share · Selling stockholders only · Use of proceeds Proceeds from warrant exercises to be used for general corporate purposes · Flags units, warrants
Pasqal Holding SA's current filing highlights significant risks related to scaling quantum computing operations, market uncertainties, and reliance on partnerships. The company faces challenges in commercializing quantum technology, including technological hurdles, supply chain dependencies, and intense global competition. Economic downturns, financing difficulties, and regulatory risks associated with government contracts further threaten its growth prospects. The filing emphasizes the uncertainty of market opportunity forecasts and the potential for delays in achieving technical milestones.
2026-09-18 · 0001213900-26-101436
F-1 filed
Initial foreign registration statement
Initial public filing for a foreign issuer submitted to start the SEC review process.
Follows 20-F in the pre-IPO sequence.
Price $10.00 · 3,750,000 shares · Gross proceeds $37,500,000
Class A ordinary shares · Over-allotment 3,750,000 · Each Unit consists of one Class A ordinary share and one warrant · Warrants exercisable at $11.50 per share · Use of proceeds To fund the Business Combination with Pasqal · Flags units, warrants
Pasqal Holding SA's F-1 filing outlines its IPO and highlights significant risks related to scaling quantum computing technology, market competition, and financial uncertainties. The company faces challenges in commercializing quantum computing, including technical hurdles, reliance on partners, and economic downturns impacting financing. The filing also details risks associated with government contracts and the competitive landscape dominated by large tech firms.
2026-09-09 · 0001213900-26-098421
20-F supplemental
20-F
Pre-IPO filing captured from the SEC submission timeline.
Follows CERT in the pre-IPO sequence.
2026-09-02 · 0001213900-26-096761
CERT inactive
CERT
Pre-IPO filing captured from the SEC submission timeline.
Follows 8-A12B in the pre-IPO sequence.
2026-08-27 · 0001354457-26-000825
8-A12B effective
Exchange Act registration
Registration filed to list the securities under the Exchange Act ahead of trading.
Follows 425 and registers the class of securities for exchange listing.
2026-08-27 · 0001213900-26-094242
425 supplemental
425
Pre-IPO filing captured from the SEC submission timeline.
Follows 425 in the pre-IPO sequence.
2026-08-25 · 0001213900-26-093598
425 supplemental
425
Pre-IPO filing captured from the SEC submission timeline.
Follows 425 in the pre-IPO sequence.
2026-08-24 · 0001213900-26-093092
425 supplemental
425
Pre-IPO filing captured from the SEC submission timeline.
Follows 424B3 in the pre-IPO sequence.
2026-08-21 · 0001213900-26-092274
424B3 priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 425 and confirms the priced prospectus.
238,333,333 shares
Ordinary · Exchange NASDAQ · 17,333,333 warrants exercisable for ordinary shares · Use of proceeds Proceeds used for merger and related liabilities · Flags cayman_holding_company
The current filing for Pasqal Holding SA outlines the corporate governance structure, including board composition, director terms, and management roles. It details the board of directors' composition, with up to 18 members, and specifies procedures for director appointments, replacements, and remuneration. The document also describes the chairman of the board, managing director, and deputy managing directors, along with their responsibilities. Additionally, it covers statutory auditors and general meeting protocols. Notably, this filing focuses on governance rather than financial updates, differing from the previous filing which included pro forma financial data and risk factors.
2026-08-14 · 0001213900-26-090313
425 supplemental
425
Pre-IPO filing captured from the SEC submission timeline.
Follows 425 in the pre-IPO sequence.
2026-08-11 · 0001213900-26-087385
425 supplemental
425
Pre-IPO filing captured from the SEC submission timeline.
Follows 425 in the pre-IPO sequence.
2026-08-06 · 0001213900-26-086203
425 supplemental
425
Pre-IPO filing captured from the SEC submission timeline.
Follows EFFECT in the pre-IPO sequence.
2026-08-06 · 0001213900-26-086199
EFFECT effective
SEC effectiveness notice
SEC declared the registration statement effective, allowing the offering to proceed.
Follows 424B3 and marks the registration effective.
2026-08-05 · 9999999995-26-002547
424B3 priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows F-4/A and confirms the priced prospectus.
238,333,333 shares
Ordinary shares and warrants of Bleichroeder Acquisition France Merger Sub 2 · Exchange NASDAQ · 17,333,333 warrants and 17,333,333 ordinary shares issuable upon exercise of warrants · Use of proceeds to complete the Business Combination and related transactions · Flags cayman_holding_company, warrants
The current 424B3 filing for Pasqal Holding SA provides unaudited pro forma financial data reflecting two scenarios for the Business Combination with Bleichroeder: (1) No Redemptions (€698.7M total assets) and (2) Maximum Redemptions (€464.4M total assets). The filing includes selected pro forma balance sheet and income statement data for December 31, 2025, highlighting significant losses and diluted share impacts. The document emphasizes that pro forma results do not include synergies or future projections, and notes risks related to Pasqal's early-stage operations, financial losses, and capital requirements.
2026-08-05 · 0001213900-26-085694
F-4/A amended
F-4/A
Pre-IPO filing captured from the SEC submission timeline.
Updates the prior 425 filing.
Flags cayman_holding_company, foreign_private_issuer
2026-07-31 · 0001213900-26-084072
425 supplemental
425
Pre-IPO filing captured from the SEC submission timeline.
Follows F-4/A in the pre-IPO sequence.
2026-07-28 · 0001213900-26-082364
F-4/A amended
F-4/A
Pre-IPO filing captured from the SEC submission timeline.
Updates the prior 425 filing.
Flags cayman_holding_company
2026-07-23 · 0001213900-26-080591
425 supplemental
425
Pre-IPO filing captured from the SEC submission timeline.
Follows 425 in the pre-IPO sequence.
2026-07-15 · 0001213900-26-078398
425 supplemental
425
Pre-IPO filing captured from the SEC submission timeline.
Follows 425 in the pre-IPO sequence.
2026-07-13 · 0001213900-26-077586
425 supplemental
425
Pre-IPO filing captured from the SEC submission timeline.
Follows 425 in the pre-IPO sequence.
2026-07-10 · 0001213900-26-077215
425 supplemental
425
Pre-IPO filing captured from the SEC submission timeline.
Follows 425 in the pre-IPO sequence.
2026-07-10 · 0001213900-26-077209
425 supplemental
425
Pre-IPO filing captured from the SEC submission timeline.
Follows 425 in the pre-IPO sequence.
2026-07-09 · 0001213900-26-076478
425 supplemental
425
Pre-IPO filing captured from the SEC submission timeline.
Follows 425 in the pre-IPO sequence.
2026-07-07 · 0001213900-26-076027
425 supplemental
425
Pre-IPO filing captured from the SEC submission timeline.
Follows 425 in the pre-IPO sequence.
2026-07-06 · 0001213900-26-075554
425 supplemental
425
Pre-IPO filing captured from the SEC submission timeline.
Follows 425 in the pre-IPO sequence.
2026-07-01 · 0001213900-26-073887
425 supplemental
425
Pre-IPO filing captured from the SEC submission timeline.
Follows 425 in the pre-IPO sequence.
2026-06-30 · 0001213900-26-073758
425 supplemental
425
Pre-IPO filing captured from the SEC submission timeline.
Follows 425 in the pre-IPO sequence.
2026-06-30 · 0001213900-26-073751
425 supplemental
425
Pre-IPO filing captured from the SEC submission timeline.
Follows 425 in the pre-IPO sequence.
2026-06-30 · 0001213900-26-073748
425 supplemental
425
Pre-IPO filing captured from the SEC submission timeline.
Follows 425 in the pre-IPO sequence.
2026-06-29 · 0001213900-26-072741
425 supplemental
425
Pre-IPO filing captured from the SEC submission timeline.
Follows F-4/A in the pre-IPO sequence.
2026-06-25 · 0001213900-26-072131
F-4/A amended
F-4/A
Pre-IPO filing captured from the SEC submission timeline.
Updates the prior 425 filing.
Use of proceeds To facilitate the business combination with Pasqal Holding SAS. · Flags cayman_holding_company, foreign_private_issuer
2026-06-25 · 0001213900-26-071788
425 supplemental
425
Pre-IPO filing captured from the SEC submission timeline.
Follows 425 in the pre-IPO sequence.
2026-06-23 · 0001213900-26-071158
425 supplemental
425
Pre-IPO filing captured from the SEC submission timeline.
Follows 425 in the pre-IPO sequence.
2026-06-22 · 0001213900-26-070657
425 supplemental
425
Pre-IPO filing captured from the SEC submission timeline.
Follows 425 in the pre-IPO sequence.
2026-06-17 · 0001213900-26-069740
425 supplemental
425
Pre-IPO filing captured from the SEC submission timeline.
Follows 425 in the pre-IPO sequence.
2026-06-17 · 0001213900-26-069393
425 supplemental
425
Pre-IPO filing captured from the SEC submission timeline.
Follows 425 in the pre-IPO sequence.
2026-06-12 · 0001213900-26-067941
425 supplemental
425
Pre-IPO filing captured from the SEC submission timeline.
Follows 425 in the pre-IPO sequence.
2026-06-04 · 0001213900-26-065380
425 supplemental
425
Pre-IPO filing captured from the SEC submission timeline.
Follows 425 in the pre-IPO sequence.
2026-05-28 · 0001213900-26-061688
425 supplemental
425
Pre-IPO filing captured from the SEC submission timeline.
Follows F-4 in the pre-IPO sequence.
2026-05-27 · 0001213900-26-061142
F-4 filed
F-4
Pre-IPO filing captured from the SEC submission timeline.
Follows 425 in the pre-IPO sequence.
Use of proceeds To facilitate the business combination with Pasqal Holding SAS
2026-05-26 · 0001213900-26-061033
425 supplemental
425
Pre-IPO filing captured from the SEC submission timeline.
Follows 425 in the pre-IPO sequence.
2026-05-21 · 0001213900-26-060131
425 supplemental
425
Pre-IPO filing captured from the SEC submission timeline.
Follows 425 in the pre-IPO sequence.
2026-05-19 · 0001213900-26-058601
425 supplemental
425
Pre-IPO filing captured from the SEC submission timeline.
Follows 425 in the pre-IPO sequence.
2026-05-11 · 0001213900-26-054351
425 supplemental
425
Pre-IPO filing captured from the SEC submission timeline.
Follows 425 in the pre-IPO sequence.
2026-05-11 · 0001213900-26-054341
425 supplemental
425
Pre-IPO filing captured from the SEC submission timeline.
Follows 425 in the pre-IPO sequence.
2026-04-30 · 0001213900-26-049604
425 supplemental
425
Pre-IPO filing captured from the SEC submission timeline.
Follows 425 in the pre-IPO sequence.
2026-04-29 · 0001213900-26-049183
425 supplemental
425
Pre-IPO filing captured from the SEC submission timeline.
Follows 425 in the pre-IPO sequence.
2026-04-28 · 0001213900-26-048439
425 supplemental
425
Pre-IPO filing captured from the SEC submission timeline.
Follows 425 in the pre-IPO sequence.
2026-04-27 · 0001213900-26-047995
425 supplemental
425
Pre-IPO filing captured from the SEC submission timeline.
Follows 425 in the pre-IPO sequence.
2026-04-24 · 0001213900-26-047460
425 supplemental
425
Pre-IPO filing captured from the SEC submission timeline.
Follows 425 in the pre-IPO sequence.
2026-04-22 · 0001213900-26-046658
425 supplemental
425
Pre-IPO filing captured from the SEC submission timeline.
Follows 425 in the pre-IPO sequence.
2026-04-21 · 0001213900-26-046061
425 supplemental
425
Pre-IPO filing captured from the SEC submission timeline.
Follows 425 in the pre-IPO sequence.
2026-04-21 · 0001213900-26-046059
425 supplemental
425
Pre-IPO filing captured from the SEC submission timeline.
Follows 425 in the pre-IPO sequence.
2026-04-21 · 0001213900-26-045801
425 supplemental
425
Pre-IPO filing captured from the SEC submission timeline.
Follows 425 in the pre-IPO sequence.
2026-04-15 · 0001213900-26-043676
425 supplemental
425
Pre-IPO filing captured from the SEC submission timeline.
Follows 425 in the pre-IPO sequence.
2026-04-09 · 0001213900-26-042077
425 supplemental
425
Pre-IPO filing captured from the SEC submission timeline.
Follows 425 in the pre-IPO sequence.
2026-04-08 · 0001213900-26-041442
425 supplemental
425
Pre-IPO filing captured from the SEC submission timeline.
Follows DRS in the pre-IPO sequence.
2026-04-08 · 0001213900-26-041275
DRS filed
Draft registration statement
Draft registration filed confidentially before the public launch.
Begins the tracked draft filing sequence after 425.
The filing outlines the Lock-Up Agreement and Registration Rights Agreement for Pasqal Holding SA following its merger, detailing restrictions on share transfers, exceptions, and termination conditions. The Lock-Up Agreement specifies 180-day restrictions, price-based termination, and release mechanisms for shareholders, while the Registration Rights Agreement (partially included) governs shareholder registration rights.
2026-03-26 · 0001213900-26-034573
425 supplemental
425
Pre-IPO filing captured from the SEC submission timeline.
Follows 425 in the pre-IPO sequence.
2026-03-25 · 0001213900-26-033687
425 supplemental
425
Pre-IPO filing captured from the SEC submission timeline.
First tracked pre-IPO filing for this issuer.
2026-03-16 · 0001213900-26-028427
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Recent News

No recent news stored for this issuer.