XANADU QUANTUM TECHNOLOGIES FORMER SPAC INC.

CHAC, a blank-check company pursuing a business combination with Toronto-based quantum computing firm Xanadu Quantum Technologies, filed a definitive merger proxy statement (DEFM14A) with the SEC on March 2, 2026, advancing the proposed transaction toward a shareholder vote. Xanadu operates in the photonic quantum computing sector, developing hardware and software platforms for quantum simulation and machine learning applications. The DEFM14A filing marks a significant regulatory milestone in the deal process, indicating the parties have finalized the terms presented to stockholders for approval. Investors and analysts tracking CHAC and the broader quantum technology SPAC space can sign up for full deal data and comparable transaction histories at SpacDesk.