Korean quantum computing firm KQC Quantum and special purpose acquisition company Charlton Aria have agreed to a merger aimed at taking the enterprise quantum computing and quantum-safe security company public on Nasdaq.
Key points
•KQC Quantum and Charlton Aria agree to Nasdaq IPO through merger
•AI-based hybrid quantum platform Qubiteer and quantum-safe security products offered
•Transaction valued at $80 million pre-money, expected to close in H1 2027
KQC Quantum and Charlton Aria signed an agreement on October 11, 2026, for a business combination that will take KQC Quantum, which offers AI-based hybrid quantum platform Qubiteer and quantum-safe security products, public on Nasdaq.
The transaction values KQC at $80 million pre-money, with Charlton Aria shareholders receiving Class A common shares of the combined company valued at $11 per share. Existing KQC shareholders will roll 100% of their equity into the combined entity, and as of September 25, 2026, Charlton Aria's trust account held approximately $93.5 million.
The transaction is expected to close in the first half of 2027 subject to shareholder approval, SEC filings becoming effective, KQC’s Nasdaq listing being approved, and other customary closing conditions.
