Xanadu Quantum Technologies completes SPAC merger, to trade as XNDU
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Xanadu Quantum Technologies Limited Announces Closing of Business Combination with Crane Harbor Acquisition Corp. and Xanadu Quantum Technologies Inc.
March 26, 2026 4:05 PM EDTXanadu to become the first publicly listed pure play photonic quantum computing company and will begin trading on the Nasdaq and Toronto Stock Exchange under the ticker symbol XNDU on March 27, 2026
TORONTO, March 26, 2026 (GLOBE NEWSWIRE) -- Xanadu Quantum Technologies Limited (Xanadu or the Company), a leading photonic quantum computing company, today announced the successful completion of its previously announced business combination with Crane Harbor Acquisition Corp. (Nasdaq: CHAC), a publicly traded special purpose acquisition company, and Xanadu Quantum Technologies Inc. (Old Xanadu) and US$275 million PIPE financing (the PIPE Financing).
The Class B... More
