The Nasdaq logo is seen at the Nasdaq Market in New York City, U.S., September 16, 2025. REUTERS/Brendan McDermid
(Reuters) - Xanadu Quantum Technologies will go public on the Nasdaq through a merger with blank-check firm Crane Harbor Acquisition Corp in a $3.6 billion deal, the companies announced on Monday.
The Canadian quantum computing firm expects to fetch nearly $500 million through the SPAC deal, including a $275 million private investment in public equity.
