Smith Mark A. sold RAAQ
July 1, 2026 · Form 4 insider transaction
Smith Mark A. sold 25,000 shares of RAAQ, a transaction worth N/A. The trade was recorded as conversion of a derivative and disclosed on an SEC Form 4, filed 15 days after the transaction.
Direction
Disposed (sell-side)
Shares
25,000
Price
N/A
Total value
N/A
InsiderSmith Mark A.
Role—
CompanyRAAQ
SecurityClass A Ordinary Shares
Transaction codeC: Conversion of a derivative
Transaction dateJuly 1, 2026
Filing dateJuly 16, 2026
Shares owned after25,000
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
Pursuant to the Business Combination Agreement by and among the Issuer, IQM Quantum Computers Oyj ("IQM"), IQM US LLC and ECLIPSE QC S.A .r.l. dated as of February 22, 2026 (the "BCA"), on July 1, 2026 (the "Closing Date"), the Issuer consummated its initial business combination with IQM (the "Business Combination"). On the Closing Date, each Class B ordinary share of the Issuer was automatically converted into Class A ordinary shares of the Issuer on a one-to-one basis.