Quantum Art & Classiq Pursue Multibillion-Dollar Wall Street SPACs

Portfolio CompaniesLIP Fund II
Written By Federico de Mateo

Quantum Art and Classiq are seeking valuations of up to $5 billion as investor enthusiasm for quantum computing fuels a new IPO wave. 

Quantum Art and Classiq, are in advanced negotiations to go public on Wall Street through mergers with special purpose acquisition companies (SPACs). The companies are targeting valuations of between $2 billion and $5 billion each, according to people familiar with the discussions.

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Federico de Mateo
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