France’s Pasqal is public, with $360M and a valuation of about 100 times revenue

Pasqal began trading on Nasdaq on Friday under the ticker PSQL, five months after announcing it would go public through a special purpose acquisition company. Shares surged on the debut, according to Reuters. The merger with Bleichroeder Acquisition Corp. II closed on 27 August, a day after shareholders approved it, leaving the company with roughly...

  • Published date: 28-08-2026 02:44 PM
AI-generated analysis.