KQC Quantum, Inc. signed a letter of intent to acquire Charlton Aria Acquisition Corporation from ST Sponsor II Limited, Karpus Management Inc., W.R. Berkley Corporation, Mizuho Financial Group, Inc., Wolverine Asset Management, LLC, and Investment Managers Series Trust II - First Trust Merger Arbitrage Fund (MutualFund:VARB.X) managed by Investment Managers Series Trust II in a reverse merger transaction $96.5 million.
KQC Quantum, Inc. agreed to acquire Charlton Aria Acquisition Corporation (NasdaqGM:CHAR) in a $96.5M reverse merger. The deal, approved by both boards, values KQC at $80M pre-money and implies a pro forma equity value of $215M. The transaction is expected to close in early 2027, with shares trading under the ticker KQC. Existing KQC shareholders will own 37-47% of the combined company.

