IQM Upsizes SPAC Merger PIPE Financing to $146 Million with Capital Commitment from Pension Insurer Ilmarinen

Espoo-based hardware developer IQM Finland Oy and special purpose acquisition company Real Asset Acquisition Corp. (Nasdaq: RAAQ) have reopened and upsized their Private Investment in Public Equity (PIPE) allocation to $146 million. The capital expansion is driven by a new institutional investment from Ilmarinen, one of Finland’s largest private earnings-related pension insurance companies, supplementing the […]

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