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المشهد العربي
Pascal Holding's quantum stake up 78%
The stock of the French quantum computing company "Pascal Holding" experienced a significant increase of 78.24% during its first trading session on the New York Stock Exchange following its listing through a merger with a special purpose acquisition company (SPAC), before settling with a gain of approximately 43.11% at $14.01. The listing resulted from its merger with "PlayShroud Acquisition Corp 2," with available cash liquidity of $360 million upon the completion of the deal. Shareholders indicated that they recovered more than 90% of the target company's shares, which led to a reduction in their stake of the funds raised through the initial public offering (IPO) earlier in January.
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