# Bleichroeder Acquisition Corp. II (BBCQW) — merger/spac_merger [pending]
Source: sec.gov · situation sit_b5459f831f46bb00fe4e · public 8772136925482231773 · retrieved 2026-08-19T11:25:26.673Z

## Overview
Bleichroeder Acquisition Corp. II is a blank-check company incorporated in the Cayman Islands on August 27, 2025, formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities.

Bleichroeder Acquisition Corp. II, a Cayman Islands blank-check company, will merge into and be absorbed by Bleichroeder Acquisition France Merger Sub 2, a French subsidiary. The merger is structured as a reverse merger, with shareholders of Bleichroeder Acquisition Corp. II receiving 38,333,333 newly issued shares of the Absorbing Company at a 1:1 exchange ratio. The net assets contributed by the Absorbed Company total USD 274,649,522 (EUR 235,552,515.48 at the May 31, 2026 exchange rate of 1 EUR = 1.16598 USD). The merger is a condition precedent to the subsequent merger of Bleichroeder Acquisition France Merger Sub 2 with Pasqal Holding and the listing of the Pasqal Group on the Nasdaq Global Market.

## Terms
- Counterparty: Bleichroeder Acquisition France Merger Sub 2 · Deal value: $274.6M · Consideration: stock

## Key dates
- Announced 2026-08-15 · Expected close 2026-08-27

## Timeline
- 2026-08-15 · 425 (0001213900-26-090407): 425 - Bleichroeder Acquisition Corp. II — *Bleichroeder Acquisition Corp. II is a blank-check company incorporated in the Cayman Islands on August 27, 2025, formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities.* Bleichroeder Acquisition Corp. II, a Cayman Islands blank-check company, will merge into and be absorbed by Bleichroeder Acquisition France Merger Sub 2, a French subsidiary. The merger is structured as a reverse merger, with shareholders of Bleichroeder Acquisition Corp. II receiving 38,333,333 newly issued shares of the Absorbing Company at a 1:1 exchange ratio. The net assets contributed by the Absorbed Company total USD 274,649,522 (EUR 235,552,515.48 at the May 31, 2026 exchange rate of 1 EUR = 1.16598 USD). The merger is a condition precedent to the subsequent merger of Bleichroeder Acquisition France Merger Sub 2 with Pasqal Holding and the listing of the Pasqal Group on the Nasdaq Global Market.
  https://www.sec.gov/Archives/edgar/data/2088295/0001213900-26-090407.txt

## Citations
- 0001213900-26-090407 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000121390026090407