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BBCQ

ClosedPubCo PSQL

Bleichroeder Acquisition Corp. II

Deal announced 2026-03-05

Closed 2026-08-27

Pulse

96

→Closed

0–100 vitality — and a read on how the book feels about this shell.

% done

100%

Path to close

Price

$9.71

Mkt 372.22M

What is Pulse?

SPAC Pulse measures the current vitality of a deal on a 0–100 scale. A new IPO starts near 50 — a healthy heart with room both ways. It is not weakening just because nothing has printed yet. Weakening is a tag for a slowing beat (stalling cadence), not a quiet shell. 10-Q / 10-K on time is a good beat; an NT is a deficiency. File the report late, then file the NT late, and Pulse falls — that is how public investors read whether management is on top of the shell. Filing recovers some of it. It never pretends the miss did not happen. When other new IPOs file that window on time, they are no longer equal — those shells are healthier. High readings mean the deal book is accelerating; low readings flag life-support risk. Full methodology lives on the desk.

Rate + Lead II · 25 mm/s

Pulse Timeline

Top trace is the Pulse rate. Bottom is the filing lead — R-wave when the rate lifts, QS when it slows. Height is the change.

0255075100II
  1. 07-31 F-4/A
  2. 08-06 DEFM14A
  3. 08-13 10-Q
  4. 08-27 Closed
  5. 08-27 Listing deficiency
  6. 10-07 Now
Auto interpretation · Lead II printoutConverted — PubCoPulse 96

Last-trade printed. Marks below are the history that got here. Pulse is at the finish.

Silent 62dBeats/90d 3Recent gap 14d

Marks on this strip

  • 07-23F-4/A. Amendment printed. Pulse +2.
  • 07-23Proxy card. Card is in. Late-stage tell. +9
  • 07-31F-4/A. Comments coming back. Beat sped up. +2
  • 08-06DEFM14A. Card is in. Late-stage tell. unchanged
  • 08-1310-Q. Periodic report on time. unchanged
  • 08-27Closed. Shares appeared. Pulse at the finish.
  • 08-27Listing deficiency. Exchange notice that day. It belongs on this date, not today. Pulse does not double-haircut an already-slow book.
  • 10-07Now. Closed. Rate holds at the finish.

Impression: combination closed. Historical Pulse stays on the strip. A later 8-K Item 2.01 does not reprint it.

Unconfirmed machine read · not medical advice · not financial advice

Skin in the game

medium

Target

early

Historical context

Effective in the archive

Precedent from 35 names in the Pulse archive (closed, liquidated, and broken deals). Archive base rate is one input; live beat speed then moves Pulse. Not a forecast.

Close rate
99%
Median days left
8
Archive n
35

After a proxy card / DEFM14A, similar deals closed in a median of 34 days (IQR 28–38). Literature close rate at that stage is about 96%.

Status

Closed

Exchange

—

Rights

No

Warrants

Listed

CIK

0002088295

IPO date

2026-01-08

Market cap

372.22M

Days to deadline

—

SEC tickers

BBCQ, BBCQU, BBCQW

Sponsor

—

S-4 / F-4 filer

Merger sub · Bleichroeder Acquisition France Merger Sub 2

Fiscal year

December 31

Next filing

10-Q 2026-11-14

Vote

Held 2026-08-25

Schedule

What is due next

Fiscal year
Ends December 31 · 10-K cover
This window
10-Q due 2026-08-14 · filed
Next due
10-Q 2026-11-14Period 2026-09-30
Pulse
+6

10-Q for period ended 2026-06-30, due 2026-08-14. 10-Q 2026-08-13 on time (+6).

On time with this window. Pulse stays even with the other new listings that filed.

Meetings

  • 2026-08-25 · Extraordinary meeting — Pasqal (held)

Price history

Delayed exchange prints — common, rights, units, warrants when listed. Last price is in the header. This tape does not move Pulse.

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S-4 study: rights conversion did not change across amendments for this name. See amendment impact

S-4 amendment timeline

Shrinking gaps mean the deal is progressing. The tag says whether that filing cleared a checklist, dropped a hurdle, or repriced the deal.

  • Merging company

    On file

    Pasqal Holding SA

  • Close timing Q&A

    On file

    second half of 2026

  • Meeting Q&A

    Gap

    No meeting Q captured.

  • Proxy card

    On file

    Form of proxy is in the exhibits. Late-stage tell.

  • 10-Q / 10-K

    On file

    10-Q for period ended 2026-06-30, due 2026-08-14. 10-Q 2026-08-13 on time (+6).

Proxy card is in the exhibits (first seen 2026-07-23). That is a late-stage tell.

Q&A · close

When is the Business Combination expected to be completed? A: #x00a0; #x00a0; #x00a0; #x00a0; #x00a0; It is currently anticipated that the Business Combination will be consummated during the second half of 2026. For a description of the conditions precedent to the Closing, see the section entitled #x201c; The Business Combination Agreement . #x201d;

  1. 8-K2026-08-27

    Item 2.01 Completion of Acquisition or Disposition of Assets

  2. 4252026-08-26

    CURRENT REPORT

  3. 8-K2026-08-26

    CURRENT REPORT

  4. 8-K2026-08-21

    CURRENT REPORT

  5. 4252026-08-20

    CURRENT REPORT

Show 51 more filings
  1. 8-K2026-08-20

    CURRENT REPORT

  2. 4252026-08-17

    FORM 425

  3. 10-Q2026-08-13

    10-Q

  4. DEFM14A2026-08-06

    PROXY STATEMENT

  5. 4252026-08-06

    CURRENT REPORT

  6. 8-K2026-08-06

    Item 8.01 Other Events

  7. F-4/A2026-07-31Checklist

    REGISTRATION STATEMENT

  8. F-4/A2026-07-23Value cut

    REGISTRATION STATEMENT

  9. 8-K2026-07-23

    Item 1.01 Entry Into A Material Definitive Agreement

  10. 4252026-07-23

    CURRENT REPORT

  11. 8-K2026-06-30

    CURRENT REPORT

  12. 4252026-06-30

    CURRENT REPORT

  13. F-4/A2026-06-25Checklist

    REGISTRATION STATEMENT

  14. 8-K2026-06-25

    Item 1.01 Entry Into A Material Definitive Agreement

  15. 4252026-06-25

    CURRENT REPORT

  16. F-42026-05-26Initial filing

    REGISTRATION STATEMENT

  17. 8-K2026-05-26

    Item 1.01 Entry Into A Material Definitive Agreement

  18. 4252026-05-26

    CURRENT REPORT

  19. 4252026-05-21

    FORM 425

  20. 4252026-05-19

    FORM 425

  21. 4252026-05-11

    FORM 425

  22. 4252026-05-11

    FORM 425

  23. 10-Q2026-05-07

    10-Q

  24. 8-K2026-05-01

    CURRENT REPORT

  25. 4252026-04-30

    FORM 425

  26. 4252026-04-29

    FORM 425

  27. 4252026-04-28

    FORM 425

  28. 4252026-04-27

    FORM 425

  29. 4252026-04-24

    FORM 425

  30. 4252026-04-22

    FORM 425

  31. 4252026-04-21

    FORM 425

  32. 4252026-04-21

    FORM 425

  33. 4252026-04-21

    FORM 425

  34. 4252026-04-15

    FORM 425

  35. 4252026-04-09

    FORM 425

  36. 4252026-04-08

    FORM 425

  37. 4252026-04-08

    FORM 425

  38. 4252026-03-25

    FORM 425

  39. 10-K2026-03-16

    10-K

  40. 4252026-03-16

    FORM 425

  41. 8-K2026-03-05

    Item 1.01 Entry Into A Material Definitive Agreement

  42. 4252026-03-05

    FORM 425

  43. 4252026-03-05

    CURRENT REPORT

  44. 4252026-03-05

    FORM 425

  45. 4252026-03-04

    FORM 425

  46. 4252026-03-04

    FORM 425

  47. 4252026-03-04

    FORM 425

  48. 8-K2026-02-11

    CURRENT REPORT

  49. 8-K2026-01-23

    FORM 8-K

  50. 8-K2026-01-15

    CURRENT REPORT

  51. 8-K2026-01-09

    CURRENT REPORT

Your notes

Saved on this device only.

Journal

On BBCQ

All notes
  1. BBCQ’s Pasqal meeting is August 25. The proxy was the tell weeks ago.BBCQ · 2026-08-21
  2. BBCQ amended an advisory line. Housekeeping around a vote.BBCQ · 2026-08-21
  3. BBCQ put out another 425 on Pasqal. The meeting was already the tell.BBCQ · 2026-08-20

Journal

Latest journal

All notes
  1. BCCQ 425 files on proposed Ursa Major combinationBCCQ · 2026-08-31
  2. HVII 425: ONE Nuclear executes binding LOI for 2.88 GW Project CaymanHVII · 2026-08-31
  3. BREZ Audit Committee concludes May 14, 2026 balance sheet cannot be relied upon; restatement requiredBREZ · 2026-08-31
  4. OCAC dismisses YCM CPA INC., appoints HYYH CPA. LLCOCAC · 2026-08-31
  5. SAMO Units separate; Class A shares and warrants begin individual trading on NYSESAMO · 2026-08-31