Form 8-K

8-K — Real Asset Acquisition Corp.

Accession: 0001213900-26-056647

Filed: 2026-05-14

Period: 2026-05-14

CIK: 0002052161

SIC: 6770 (BLANK CHECKS)

Item: Other Events

Item: Financial Statements and Exhibits

Documents

8-K — ea0290909-8k425_real.htm (Primary)

EX-99.1 — PRESS RELEASE, DATED MAY 14, 2026 (ea029090901ex99-1.htm)

GRAPHIC (ea029090901_ex99-1img1.jpg)

XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K — CURRENT REPORT

8-K (Primary)

Filename: ea0290909-8k425_real.htm · Sequence: 1

false

0002052161

00-0000000

0002052161

2026-05-14

0002052161

RAAQ:UnitsEachConsistingOfOneClassOrdinaryShare0.0001ParValueAndOnehalfOfOneRedeemableWarrantMember

2026-05-14

0002052161

RAAQ:ClassOrdinarySharesParValue0.0001PerShareMember

2026-05-14

0002052161

RAAQ:RedeemableWarrantsEachWholeRedeemableWarrantExercisableForOneClassOrdinaryShareAtExercisePriceOf11.50PerShareMember

2026-05-14

iso4217:USD

xbrli:shares

iso4217:USD

xbrli:shares

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported):

May 14, 2026

REAL ASSET ACQUISITION CORP.

(Exact name of registrant as specified in its charter)

Cayman Islands

001-42613

N/A

(State or other jurisdiction

of incorporation)

(Commission File Number)

(I.R.S. Employer

Identification No.)

174 Nassau Street,

Suite 2100

Princeton, New Jersey 08542

(Address of principal executive offices, including

zip code)

Registrant’s telephone number, including

area code: (609) 924-0759

Not Applicable

(Former name or former address, if changed since

last report)

Check the appropriate box below if the Form 8-K

filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions:

☒ Written communications pursuant

to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to

Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications

pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications

pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities

registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Units, each consisting of one Class A ordinary share, $0.0001 par value, and one-half of one redeemable warrant

RAAQU

The Nasdaq Stock Market LLC

Class A ordinary shares, par value $0.0001 per share

RAAQ

The Nasdaq Stock Market LLC

Redeemable warrants, each whole redeemable warrant exercisable for one Class A ordinary share at an exercise price of $11.50 per share

RAAQW

The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant

is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

Emerging growth company ☒

If an emerging growth company, indicate by check

mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting

standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01 Other Events.

As previously announced, on

February 22, 2026, Real Asset Acquisition Corp., a Cayman Islands exempted company (“RAAQ”), IQM Finland Oy, a limited liability

company (Fi. osakeyhtiö) incorporated under the laws of Finland (“IQM”), IQM US LLC, a Delaware limited liability company

and an indirect wholly owned subsidiary of IQM, and Eclipse QC S.à r.l., a Luxembourg private limited liability company (société

à responsabilité limitée) and a direct wholly owned subsidiary of IQM, entered into a business combination agreement

(the “Business Combination Agreement”), for a business combination transaction that will result in IQM becoming a publicly

traded company (the “Transaction”).

May 14, 2026, IQM and RAAQ issued a joint press release (the “Press Release”) announcing the public filing by IQM of a registration

statement on Form F-4 with the Securities and Exchange Commission (the “SEC”) in connection with the Transaction and certain

other matters. A copy of the Press Release is filed herewith as Exhibit 99.1 and incorporated herein by reference.

Additional Information About the Proposed Transaction

and Where to Find It

In connection with the proposed

Transaction, IQM has publicly filed with the SEC a registration statement on Form F-4 (the “Registration Statement”), which

includes a preliminary proxy statement of RAAQ and a preliminary prospectus of IQM, and after the Registration Statement is declared effective

by the SEC, RAAQ will mail the definitive proxy statement/prospectus relating to the proposed Transaction to its shareholders as of a

record date to be established for voting at the extraordinary general meeting of its shareholders (the “Extraordinary General Meeting”).

The Registration Statement, including the proxy statement/prospectus contained therein, contains important information about the proposed

Transaction and the other matters to be voted upon at the Extraordinary General Meeting. This Current Report does not contain all the

information that should be considered concerning the proposed Transaction and is not intended to provide the basis for any investment

decision or any other decision in respect of such matters. RAAQ and IQM may also file other documents with the SEC regarding the proposed

Transaction. RAAQ’s shareholders and other interested persons are advised to read the Registration Statement, including the preliminary

proxy statement/prospectus contained therein, and, when available, the amendments thereto and the definitive proxy statement/prospectus

and other documents filed in connection with the proposed Transaction, as these materials will contain important information about RAAQ,

IQM and the proposed Transaction. Shareholders may obtain copies of the Registration Statement, including the preliminary or definitive

proxy statement/prospectus contained therein, and the other documents filed or that will be filed by RAAQ and IQM with the SEC, once available,

without charge, at the SEC’s website located at www.sec.gov.

Participants in the Solicitation

RAAQ, IQM and certain of their

respective directors, executive officers and other members of management and employees may, under SEC rules, be deemed to be participants

in the solicitation of proxies from RAAQ’s shareholders in connection with the proposed Transaction. Information regarding the persons

who may, under SEC rules, be deemed participants in the solicitation of RAAQ’s shareholders in connection with the proposed Transaction

is set forth in the Registration Statement, including the proxy statement/prospectus contained therein, that has been filed with the SEC.

You can find more information about RAAQ’s directors and executive officers in RAAQ’s Annual Report on Form 10-K for the year

ended December 31, 2025, filed with the SEC on March 3, 2026 and in the subsequent filings made by RAAQ with the SEC. Shareholders, potential

investors, and other interested persons should read the Registration Statement, including the proxy statement/prospectus contained therein,

carefully before making any voting or investment decisions. You may obtain free copies of these documents from the sources described above.

Forward-Looking Statements

This Current Report includes

“forward-looking statements” within the meaning of the U.S. federal securities laws and “forward-looking information”

within the meaning of applicable non-U.S. securities laws (collectively, “forward-looking statements”). Forward-looking statements

may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,”

“intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target,”

“continue,” “could,” “may,” “might,” “possible,” “potential,”

“predict” or similar expressions that predict or indicate future events or trends or that are not statements of historical

matters. These forward-looking statements are based upon current estimates and assumptions that, while considered reasonable by IQM and

its management, and RAAQ and its management, as the case may be, are inherently uncertain. These statements include: the successful consummation

and potential benefits of the proposed Transaction and expectations related to its terms and timing; the stock exchanges on which the

securities of IQM are expected to trade; IQM’s ability to commercialize its hardware and software; the expectation that IQM is building

the infrastructure that allows quantum ecosystems to grow; and the potential for IQM to increase in value.

These

forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on as,

a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult

or impossible to predict and will differ from assumptions, many of which are beyond the control of IQM and RAAQ.

These forward-looking statements

are subject to known and unknown risks, uncertainties and assumptions that may cause the actual results of IQM following the proposed

Transaction, levels of activity, performance, or achievements to be materially different from any future results, levels of activity,

performance or achievements expressed or implied by such statements. Such risks and uncertainties include: that IQM is pursuing an emerging

technology, which faces significant technical challenges and may not achieve commercialization or market acceptance; IQM’s historical

net losses and limited operating history; IQM’s expectations regarding future financial performance, capital requirements and unit

economics; IQM’s use and reporting of business and operational metrics; IQM’s competitive landscape; IQM’s dependence

on members of its senior management and its ability to attract and retain qualified personnel; the potential need for additional future

financing; IQM’s concentration of revenue in contracts with government or state-funded entities; IQM’s ability to manage growth

and expand its operations; potential future acquisitions or investments in companies, products, services or technologies; IQM’s

reliance on strategic partners and other third parties; IQM’s ability to maintain, protect and defend its intellectual property

rights; risks associated with privacy, data protection or cybersecurity incidents and related regulations; the use, rate of adoption and

regulation of artificial intelligence and machine learning; uncertainty or changes with respect to laws and regulations; uncertainty or

changes with respect to taxes, trade conditions and the macroeconomic environment; IQM’s ability to maintain internal control over

financial reporting and operate a public company; the possibility that required shareholder and regulatory approvals for the proposed

Transaction are delayed or are not obtained, which could adversely affect the combined company or the expected benefits of the proposed

Transaction; the risk that shareholders of RAAQ could elect to have their shares redeemed, leaving the combined company with insufficient

cash to execute its business plans; the occurrence of any event, change or other circumstance that could give rise to the termination

of the Business Combination Agreement; the outcome of any legal proceedings or government investigations that may be commenced against

IQM or RAAQ; failure to realize the anticipated benefits of the proposed Transaction; the ability of IQM to issue equity or equity-linked

securities in connection with the proposed Transaction or in the future; and other factors described in RAAQ’s and IQM’s filings

with the SEC. These forward-looking statements are based on certain assumptions, including that none of the risks identified above materialize;

that there are no unforeseen changes to economic and market conditions, and that no significant events occur outside the ordinary course

of business. Additional information concerning these and other factors that may impact such forward-looking statements can be found in

filings made and to be made by IQM and RAAQ with the SEC, including under the heading “Risk Factors.” If any of these risks

materialize or assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements.

In addition, these statements reflect the expectations, plans and forecasts of IQM’s and RAAQ’s management as of the date

of this Current Report; subsequent events and developments may cause their assessments to change. While IQM and RAAQ may elect to update

these forward-looking statements at some point in the future, they specifically disclaim any obligation to do so, unless required by applicable

securities laws. Accordingly, undue reliance should not be placed upon these statements.

In addition, statements that

“we believe” and similar statements reflect our beliefs and opinions on the relevant subject. These statements are based upon

information available to us as of the date of this Current Report, and while we believe such information forms a reasonable basis for

such statements, such information may be limited or incomplete, and our statements should not be read to indicate that we have conducted

an exhaustive inquiry into, or review of, all potentially available relevant information. These statements are inherently uncertain, and

investors are cautioned not to unduly rely upon these statements. An investment in RAAQ is not an investment in any of RAAQ’s founders’

or sponsors’ past investments, companies, or affiliated funds. The historical results of those investments are not indicative of

future performance of RAAQ, which may differ materially from the performance of RAAQ’s founders’ or sponsors’ past investments.

No Offer or Solicitation

This Current Report does not

constitute an offer to sell or the solicitation of an offer to buy any securities, or a solicitation of any vote or approval, nor shall

there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration

or qualification under the securities laws of any such jurisdiction, including any European Economic Area member state or the United Kingdom.

This Current Report is not, and under no circumstances is to be construed as, a prospectus, an advertisement or a public offering of the

securities described herein in the United States or any other jurisdiction. No offer of securities shall be made except by means of a

prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, or exemptions therefrom. Any potential dual

listing of IQM’s ordinary shares on the Helsinki stock exchange referred to in this Current Report would be made by means of a prospectus

as set out in the EU Prospectus Regulation. INVESTMENT IN ANY SECURITIES DESCRIBED HEREIN HAS NOT BEEN APPROVED BY THE SEC OR ANY OTHER

REGULATORY AUTHORITY NOR HAS ANY AUTHORITY PASSED UPON OR ENDORSED THE MERITS OF THE OFFERING OR THE ACCURACY OR ADEQUACY OF THE INFORMATION

CONTAINED HEREIN. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit

Number

Description

99.1

Press Release, dated May 14, 2026.

104

Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURE

Pursuant to the requirements

of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto

duly authorized.

Dated: May 14, 2026

REAL ASSET ACQUISITION CORP.

By:

/s/ Peter Ort

Name:

Peter Ort

Title:

Principal Executive Officer and Co-Chairman

EX-99.1 — PRESS RELEASE, DATED MAY 14, 2026

EX-99.1

Filename: ea029090901ex99-1.htm · Sequence: 2

Exhibit 99.1

IQM and Real Asset Acquisition Corp. Announce

Public Filing of Form F-4 Registration Statement with the SEC

● This filing marks an important milestone in the transaction, moving IQM closer to becoming the first European quantum computing company

to go public.

● Global commercial leader with 23 systems sold to customers to date – including 4 out of the top 10 supercomputing centres and

increasing adoption by enterprise customers.

● Industrial leader with 15 systems delivered (largest number publicly disclosed by selected quantum companies1), 30+ computers

built, own chip factory, assembly line and quantum data centre.

● The transaction values IQM at a pre-money equity valuation of approximately USD 1.8 billion.

● With the close of this transaction, IQM’s cash position is expected to be up to EUR 397 million (USD 465 million).2

● Significant business momentum, with 2025 revenue of USD 36 million3 or over EUR 31 million.

● IQM intends to apply for its shares to be admitted to trading on Nasdaq Helsinki following the Business Combination.

PRINCETON, NJ &

ESPOO, FINLAND |14 May 2026| IQM Finland Oy, a global leader in full-stack superconducting

quantum computers (“IQM”, “IQM Quantum Computers” or the “Company”), and Real Asset Acquisition Corp.

(Nasdaq: RAAQ), a special purpose acquisition company (“RAAQ”), announced today the public filing of a registration statement

on Form F-4 (the “Registration Statement”), which includes a preliminary proxy statement, with the U.S. Securities and Exchange

Commission (“SEC”) in connection with the proposed Business Combination Agreement announced February 23, 2026.

Jan Goetz, Chief Executive

Officer and Co-Founder, IQM, said: “This filing is a milestone we have worked hard to reach, and it signals our readiness to operate

at a new level. Public markets will give IQM the platform and capital to accelerate everything we are building as we work towards delivering

fault-tolerance quantum computing at scale. We are proceeding thoughtfully and with full focus on a seamless path to listing.”

Peter Ort, Principal

Executive Officer and Co-Chairman of Real Asset Acquisition Corp, said: “We are proud to be partnered with IQM as we hit this important

milestone. We look forward to completing this transaction and supporting the company’s vision for the future of quantum computing.”

While the Registration

Statement has not been declared effective, and the information included therein is not complete and is subject to change, it contains

key information about RAAQ and its securities, IQM’s financials, technology, and growth strategy, as well as the terms and conditions

of the proposed business combination.

1 Represent publicly announced on-premises deliveries from

each of IBM, D-Wave, Pasqal, Rigetti, IonQ, OQC, Quandela, Anyon Systems, QuEra, Atom Computing and Quantinuum

2 Refer

to UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL INFORMATION in the F-4; https://www.sec.gov/ix?doc=/Archives/edgar/data/0002113060/000119312526222654/d900375df4.htm

3 ECB reference exchange rate of EUR/USD of 1.175 as of December

31, 2025

As previously announced,

IQM and RAAQ have entered into a definitive business combination agreement, which will result in IQM becoming a public company. IQM intends

to list its American Depositary Shares on the Nasdaq Global Exchange under the ticker symbol “IQMX”. The transaction provides

funding with the aim of accelerating IQM’s technology and commercial development towards fault-tolerance quantum computing, further

advancing its position as a leading provider of quantum computers.

Headquartered in Finland,

IQM intends to apply for its shares to be admitted to trading on Nasdaq Helsinki under the proposed symbol “IQMX” which is

expected to take place following the completion of this transaction.

Transaction Highlights:

Following completion

of the transaction, IQM’s pre-money equity valuation will amount to approximately USD 1.8 billion. The existing IQM shareholders

will not sell any shares or receive any cash consideration as part of the transaction, and all material IQM shareholders have committed

to a customary lock-up agreement at close of this transaction.

Upon closing of the transaction,

IQM anticipates access to approximately USD 175 million of cash held in RAAQ’s trust account (based on the current amount in the

trust account and assuming no redemptions); approximately USD 134 million in proceeds from a PIPE financing at USD 10.00 per share from

leading new, existing, and institutional investors, to close concurrently with the business combination, subject to the satisfaction of

certain customary closing conditions; expected USD 24 million in proceeds from the cash exercise of outstanding IQM warrants prior to

the closing; and existing cash on IQM’s balance sheet of USD 172 million3 or over EUR 146 million.

The board of directors

of both IQM and RAAQ have each unanimously approved the proposed business combination. The closing of the proposed business combination

is subject to, among other things, the approval by shareholders of RAAQ and IQM of the business combination agreement and the satisfaction

of other customary closing conditions.

Additional information

about the proposed business combination, including a copy of the business combination agreement, was provided in a Current Report on Form

8-K filed by RAAQ with the SEC.

This announcement does

not constitute an offer to sell or the solicitation of an offer to buy the securities, nor shall there be any sale of the securities being

offered in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification

under the securities laws of any such state or other jurisdiction.

Contacts

Media contact:

Michael Bruce

PR Manager

press@iqm.tech

Investor contact:

Blair Robertson

VP, Strategy

ir@iqm.tech

Advisors

J.P. Morgan SE is serving

as financial advisor and capital market advisor to IQM. J.P. Morgan Securities LLC and TD Cowen are serving as PIPE placement agents to

IQM. Rothschild & Co. is serving as financial advisor and capital markets advisor to IQM and its Board of Directors. TD Cowen is serving

as financial advisor and capital markets advisor to RAAQ. Cohen & Company Capital Markets is serving as a capital markets advisor

to RAAQ. Cooley LLP and Borenius Attorneys Ltd are serving as legal advisors to IQM, and Perkins Coie LLP, Krogerus Attorneys Ltd and

Conyers Dill & Pearman LLP are serving as legal advisors to RAAQ. DLA Piper LLP (US) is serving as legal advisor to J.P. Morgan Securities

LLC and TD Cowen. The Blueshirt Group is serving as investor relations advisor to IQM.

About IQM Quantum

Computers

IQM Finland Oy (“IQM”,

“IQM Quantum Computers”, “Company”) is a global leader in superconducting quantum computers, delivering full-stack

quantum systems and cloud platform access to research institutions, universities, high-performance computing centers, and national laboratories

worldwide. IQM’s on-premises deployment model gives customers direct ownership and control of their quantum infrastructure. Founded in

2018, headquartered in Finland, it has over 350 employees. IQM operates across Europe, Asia, and North America.

About Real Asset Acquisition

Corp.

Based in Princeton,

NJ, Real Asset Acquisition Corp. is a Nasdaq-listed (Nasdaq: RAAQ) special purpose acquisition company formed for the purpose of effecting

a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses.

The RAAQ team includes seasoned quantum computing experts with deep technical and industry experience.

Additional Information

About the Proposed Transaction and Where to Find It

The Registration Statement,

including the proxy statement/prospectus contained therein, contains important information about the proposed business combination and

the other matters to be voted upon at the Extraordinary General Meeting. This communication does not contain all the information that

should be considered concerning the proposed business combination and is not intended to provide the basis for any investment decision

or any other decision in respect of such matters. RAAQ and IQM may also file other documents with the SEC regarding the proposed business

combination. RAAQ’s shareholders and other interested persons are advised to read, when available, the Registration Statement, including

the preliminary proxy statement/prospectus contained therein, the amendments thereto and the definitive proxy statement/prospectus and

other documents filed in connection with the proposed business combination, as these materials will contain important information about

RAAQ, IQM and the proposed business combination. Shareholders may obtain copies of the Registration Statement, including the preliminary

or definitive proxy statement/prospectus contained therein, and the other documents filed or that will be filed by RAAQ and IQM with the

SEC, once available, without charge, at the SEC’s website located at www.sec.gov.

Forward-Looking Statements

This communication includes

“forward-looking statements” within the meaning of the U.S. federal securities laws and “forward-looking information”

within the meaning of applicable non-U.S. securities laws (collectively, “forward-looking statements”). Forward-looking statements

may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,”

“intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target,”

“continue,” “could,” “may,” “might,” “possible,” “potential,”

“predict” or similar expressions that predict or indicate future events or trends or that are not statements of historical

matters. These forward-looking statements are based upon current estimates and assumptions that, while considered reasonable by IQM and

its management, and RAAQ and its management, as the case may be, are inherently uncertain. These statements include: projections of market

opportunity and market share; estimates of customer adoption rates and usage patterns; projections regarding the Company’s ability

to commercialize new products and technologies; projections of development and commercialization costs and timelines; expectations regarding

the Company’s ability to execute its business model and the expected financial benefits of such model; expectations regarding the

Company’s ability to attract, retain and expand its customer base; the Company’s deployment of proceeds from capital raising

transactions; the Company’s expectations concerning relationships with strategic partners, suppliers, governments, state-funded

entities, regulatory bodies and other third parties; the Company’s ability to maintain, protect and enhance its intellectual property;

future ventures or investments in companies, products, services or technologies; development of favorable regulations affecting the Company’s

markets; the successful consummation and potential benefits of the proposed business combination and expectations related to its terms

and timing; the stock exchanges on which the securities of the combined company are expected to trade; proceeds from the business combination

and related PIPE; funds received by the combined company from RAAQ’s trust account and redemptions by RAAQ’s public shareholders;

the Company’s ability to commercialize its hardware and software; the expectation that the Company is building the sovereign infrastructure

that allows quantum ecosystems to grow; and the potential for the Company to increase in value.

These forward-looking

statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on as, a guarantee, an

assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible

to predict and will differ from assumptions, many of which are beyond the control of the Company and RAAQ

These forward-looking

statements are subject to known and unknown risks, uncertainties and assumptions that may cause the actual results of the combined company

following the proposed transaction, levels of activity, performance, or achievements to be materially different from any future results,

levels of activity, performance or achievements expressed or implied by such statements. Such risks and uncertainties include: that the

Company is pursuing an emerging technology, which faces significant technical challenges and may not achieve commercialization or market

acceptance; the Company’s historical net losses and limited operating history; the Company’s expectations regarding future

financial performance, capital requirements and unit economics; the Company’s use and reporting of business and operational metrics;

the Company’s competitive landscape; the Company’s dependence on members of its senior management and its ability to attract

and retain qualified personnel; the potential need for additional future financing; the Company’s concentration of revenue in contracts

with government or state-funded entities; the Company’s ability to manage growth and expand its operations; potential future acquisitions

or investments in companies, products, services or technologies; the Company’s reliance on strategic partners and other third parties;

the Company’s ability to maintain, protect and defend its intellectual property rights; risks associated with privacy, data protection

or cybersecurity incidents and related regulations; the use, rate of adoption and regulation of artificial intelligence and machine learning;

uncertainty or changes with respect to laws and regulations; uncertainty or changes with respect to taxes, trade conditions and the macroeconomic

environment; the combined company’s ability to maintain internal control over financial reporting and operate a public company;

the possibility that required shareholder and regulatory approvals for the proposed transaction are delayed or are not obtained, which

could adversely affect the combined company or the expected benefits of the proposed transaction; the risk that shareholders of RAAQ could

elect to have their shares redeemed, leaving the combined company with insufficient cash to execute its business plans; the occurrence

of any event, change or other circumstance that could give rise to the termination of the business combination agreement; the outcome

of any legal proceedings or government investigations that may be commenced against the Company or RAAQ; failure to realize the anticipated

benefits of the proposed transaction; the ability of IQM or the combined company to issue equity or equity-linked securities in connection

with the proposed transaction or in the future; and other factors described in RAAQ’s and the Company’s filings with the SEC.

These forward-looking statements are based on certain assumptions, including that none of the risks identified above materialize; that

there are no unforeseen changes to economic and market conditions, and that no significant events occur outside the ordinary course of

business. Additional information concerning these and other factors that may impact such forward-looking statements can be found in filings

and potential filings by the Company, RAAQ or the combined company resulting from the proposed business combination with the SEC, including

under the heading “Risk Factors.” If any of these risks materialize or assumptions prove incorrect, actual results could differ

materially from the results implied by these forward-looking statements. In addition, these statements reflect the expectations, plans

and forecasts of the Company’s and RAAQ’s management as of the date of this communication; subsequent events and developments

may cause their assessments to change. While the Company and RAAQ may elect to update these forward-looking statements at some point in

the future, they specifically disclaim any obligation to do so, unless required by applicable securities laws. Accordingly, undue reliance

should not be placed upon these statements.

In addition, statements

that “we believe” and similar statements reflect our beliefs and opinions on the relevant subject. These statements are based

upon information available to us as of the date of this communication, and while we believe such information forms a reasonable basis

for such statements, such information may be limited or incomplete, and our statements should not be read to indicate that we have conducted

an exhaustive inquiry into, or review of, all potentially available relevant information. These statements are inherently uncertain, and

investors are cautioned not to unduly rely upon these statements. An investment in RAAQ is not an investment in any of RAAQ’s founders’

or sponsors past investments, companies, or affiliated funds. The historical results of those investments are not indicative of future

performance of RAAQ, which may differ materially from the performance of RAAQ’s founders’ or sponsors past investments.

Participants in the

Solicitation

RAAQ, the Company and

certain of their respective directors, executive officers and other members of management and employees may, under SEC rules, be deemed

to be participants in the solicitation of proxies from RAAQ’s shareholders in connection with the proposed transaction. Information

regarding the persons who may, under SEC rules, be deemed participants in the solicitation of RAAQ’s shareholders in connection

with the proposed transaction will be set forth in the Registration Statement, including the proxy statement/prospectus contained therein,

when it is filed with the SEC. You can find more information about RAAQ’s directors and executive officers in RAAQ’s final

prospectus related to its initial public offering filed with the SEC on May 15, 2025 and in the subsequent Quarterly Reports on Form 10-Q

filed by RAAQ with the SEC. Shareholders, potential investors, and other interested persons should read the Registration Statement, including

the proxy statement/prospectus contained therein, carefully when it becomes available before making any voting or investment decisions.

You may obtain free copies of these documents from the sources described above.

No Offer or Solicitation

This communication does

not constitute an offer to sell or the solicitation of an offer to buy any securities, or a solicitation of any vote or approval, nor

shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration

or qualification under the securities laws of any such jurisdiction, including any European Economic Area member state or the United Kingdom.

This communication is not, and under no circumstances is to be construed as, a prospectus, an advertisement or a public offering of the

securities described herein in the United States or any other jurisdiction. No offer of securities shall be made except by means of a

prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, or exemptions therefrom. Any potential dual

listing of IQM’s ordinary shares on the Helsinki stock exchange referred to in this communication would be made by means of a prospectus

as set out in the EU Prospectus Regulation. INVESTMENT IN ANY SECURITIES DESCRIBED HEREIN HAS NOT BEEN APPROVED BY THE SEC OR ANY OTHER

REGULATORY AUTHORITY NOR HAS ANY AUTHORITY PASSED UPON OR ENDORSED THE MERITS OF THE OFFERING OR THE ACCURACY OR ADEQUACY OF THE INFORMATION

CONTAINED HEREIN. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.

GRAPHIC

Filename: ea029090901_ex99-1img1.jpg · Sequence: 3

Binary file (3421 bytes)

Download ea029090901_ex99-1img1.jpg

XML — IDEA: XBRL DOCUMENT

XML

Filename: R1.htm · Sequence: 9

v3.26.1

Cover

May 14, 2026

Document Type

8-K

Amendment Flag

false

Document Period End Date

May 14, 2026

Entity File Number

001-42613

Entity Registrant Name

REAL ASSET ACQUISITION CORP.

Entity Central Index Key

0002052161

Entity Tax Identification Number

00-0000000

Entity Incorporation, State or Country Code

Entity Address, Address Line One

174 Nassau Street

Entity Address, Address Line Two

Suite 2100

Entity Address, City or Town

Princeton

Entity Address, State or Province

Entity Address, Postal Zip Code

08542

City Area Code

609

Local Phone Number

924-0759

Written Communications

true

Soliciting Material

false

Pre-commencement Tender Offer

false

Pre-commencement Issuer Tender Offer

false

Entity Emerging Growth Company

true

Elected Not To Use the Extended Transition Period

false

Units, each consisting of one Class A ordinary share, $0.0001 par value, and one-half of one redeemable warrant

Title of 12(b) Security

Units, each consisting of one Class A ordinary share, $0.0001 par value, and one-half of one redeemable warrant

Trading Symbol

RAAQU

Security Exchange Name

NASDAQ

Class A ordinary shares, par value $0.0001 per share

Title of 12(b) Security

Class A ordinary shares, par value $0.0001 per share

Trading Symbol

RAAQ

Security Exchange Name

NASDAQ

Redeemable warrants, each whole redeemable warrant exercisable for one Class A ordinary share at an exercise price of $11.50 per share

Title of 12(b) Security

Redeemable warrants, each whole redeemable warrant exercisable for one Class A ordinary share at an exercise price of $11.50 per share

Trading Symbol

RAAQW

Security Exchange Name

NASDAQ

- Definition

Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.

+ References

No definition available.

+ Details

Name:

dei_AmendmentFlag

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Area code of city

+ References

No definition available.

+ Details

Name:

dei_CityAreaCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

+ References

No definition available.

+ Details

Name:

dei_DocumentPeriodEndDate

Namespace Prefix:

dei_

Data Type:

xbrli:dateItemType

Balance Type:

Period Type:

duration

- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

+ References

No definition available.

+ Details

Name:

dei_DocumentType

Namespace Prefix:

dei_

Data Type:

dei:submissionTypeItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 1 such as Attn, Building Name, Street Name

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine1

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 2 such as Street or Suite number

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine2

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the City or Town

+ References

No definition available.

+ Details

Name:

dei_EntityAddressCityOrTown

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Code for the postal or zip code

+ References

No definition available.

+ Details

Name:

dei_EntityAddressPostalZipCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the state or province.

+ References

No definition available.

+ Details

Name:

dei_EntityAddressStateOrProvince

Namespace Prefix:

dei_

Data Type:

dei:stateOrProvinceItemType

Balance Type:

Period Type:

duration

- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityCentralIndexKey

Namespace Prefix:

dei_

Data Type:

dei:centralIndexKeyItemType

Balance Type:

Period Type:

duration

- Definition

Indicate if registrant meets the emerging growth company criteria.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityEmergingGrowthCompany

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Indicate if an emerging growth company has elected not to use the extended transition period for complying with any new or revised financial accounting standards.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 7A

-Section B

-Subsection 2

+ Details

Name:

dei_EntityExTransitionPeriod

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

+ References

No definition available.

+ Details

Name:

dei_EntityFileNumber

Namespace Prefix:

dei_

Data Type:

dei:fileNumberItemType

Balance Type:

Period Type:

duration

- Definition

Two-character EDGAR code representing the state or country of incorporation.

+ References

No definition available.

+ Details

Name:

dei_EntityIncorporationStateCountryCode

Namespace Prefix:

dei_

Data Type:

dei:edgarStateCountryItemType

Balance Type:

Period Type:

duration

- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityRegistrantName

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityTaxIdentificationNumber

Namespace Prefix:

dei_

Data Type:

dei:employerIdItemType

Balance Type:

Period Type:

duration

- Definition

Local phone number for entity.

+ References

No definition available.

+ Details

Name:

dei_LocalPhoneNumber

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

+ Details

Name:

dei_PreCommencementIssuerTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

+ Details

Name:

dei_PreCommencementTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Title of a 12(b) registered security.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

+ Details

Name:

dei_Security12bTitle

Namespace Prefix:

dei_

Data Type:

dei:securityTitleItemType

Balance Type:

Period Type:

duration

- Definition

Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

+ Details

Name:

dei_SecurityExchangeName

Namespace Prefix:

dei_

Data Type:

dei:edgarExchangeCodeItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

+ Details

Name:

dei_SolicitingMaterial

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Trading symbol of an instrument as listed on an exchange.

+ References

No definition available.

+ Details

Name:

dei_TradingSymbol

Namespace Prefix:

dei_

Data Type:

dei:tradingSymbolItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

+ Details

Name:

dei_WrittenCommunications

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Details

Name:

us-gaap_StatementClassOfStockAxis=RAAQ_UnitsEachConsistingOfOneClassOrdinaryShare0.0001ParValueAndOnehalfOfOneRedeemableWarrantMember

Namespace Prefix:

Data Type:

Balance Type:

Period Type:

- Details

Name:

us-gaap_StatementClassOfStockAxis=RAAQ_ClassOrdinarySharesParValue0.0001PerShareMember

Namespace Prefix:

Data Type:

Balance Type:

Period Type:

- Details

Name:

us-gaap_StatementClassOfStockAxis=RAAQ_RedeemableWarrantsEachWholeRedeemableWarrantExercisableForOneClassOrdinaryShareAtExercisePriceOf11.50PerShareMember

Namespace Prefix:

Data Type:

Balance Type:

Period Type: