BriefIQ Markets · 8-K

Bleichroeder Acquisition Corp. completed business combination with Pasqal Holding SA with governance and shareholder rights changes

SEC filed 27-Aug-2026 BriefIQ published 28-Aug-2026 10:05

Key Facts

Transaction structure: Bleichroeder merged into Parent Merger Sub, followed by Pasqal merging into the surviving corporation; the surviving corporation was renamed Pasqal Holding SA.
Control consequence: The consummated business combination resulted in a change in control of Bleichroeder, which ceased to exist upon the Reincorporation Merger Effective Time.
Listing consequence: New Pasqal Shares and New Pasqal Warrants were expected to begin trading on Nasdaq under the symbols PSQL and PSQLW, respectively.

Each of Bleichroeder’s directors and officers resigned from his or her respective position with Bleichroeder effective upon the Reincorporation Merger Effective Time.
The resignations were not the result of any disagreement between Bleichroeder and the directors or officers concerning Bleichroeder’s operations, policies or practices.
The Business Combination, including the Reincorporation Merger, was consummated on August 27, 2026.

The filing reported a material modification to the rights of security holders in connection with the Business Combination.
On the Closing Date, New Pasqal, the Sponsor, and certain Pasqal securityholders entered into an Amended and Restated Registration Rights Agreement.
The agreement granted certain customary registration rights with respect to New Pasqal Shares, subject to the agreement’s terms and conditions.

Exchange: The Nasdaq Stock Market LLC (Nasdaq).
Affected securities: Bleichroeder units, Class A ordinary shares, and redeemable warrants.
Market: New Pasqal Shares and New Pasqal Warrants were expected to trade on Nasdaq.
Symbols: New Pasqal Shares under PSQL and New Pasqal Warrants under PSQLW.
Status: Trading commencement was expected, not confirmed in the filing.

Filing details