IQM Quantum Computers has launched on the US stock market, with shares rising sharply in their debut session on the Nasdaq.
The Finnish quantum computing firm completed its listing through a special purpose acquisition company (SPAC) merger with Real Asset Acquisition, a vehicle already listed on the exchange.
7% increase, providing a supportive environment for technology and growth-oriented listings like IQM.
Trading commenced under the new ticker symbol on Thursday, marking a significant milestone for the company as it seeks to broaden its investor base and access deeper US capital markets.
The share price advance comes against a backdrop of positive sentiment in US equities.
Major indices opened higher on Tuesday, extending a broad-based rally that has pushed benchmarks toward record levels.
The S&P 500 gained 0.4% in early trading, while the Nasdaq Composite outperformed with a 0.7% increase, providing a supportive environment for technology and growth-oriented listings like IQM.