Pressemitteilungen

Heussen advises Terra Quantum AG in Proposed $3.25B Business Combination with SPAC Mountain Lake Acquisition Corp. II

On 9 April 2026, Terra Quantum AG, a leading quantum technology company, and Mountain Lake Acquisition Corp. II (Nasdaq: MLAA), a special purpose acquisition company, announced that they have signed a non-binding letter of intent to enter into a business combination that values Terra Quantum AG at USD 3.25 billion.

The proposed transaction reflects strong confidence in Terra Quantum’s differentiated quantum algorithms, software, quantum security, and hybrid quantum-classical solutions, as well as its commercial traction across multiple industries including defence, finance, pharmaceuticals, and logistics. Upon completion of the transaction, the combined entity would be publicly listed, providing Terra Quantum with enhanced access to capital markets to support its next phase of growth, including product development, global expansion, and strategic acquisitions.

The Heussen deal team is led by Clemens Richter (Partner, Corporate/M&A). Kellerhals Carrard team acts as Swiss transaction counsel and is led by Marc Hanslin (Partner, Corporate/M&A), the Winston & Strawn deal Team acts as US counsel and is led by Mike Blankenship (Partner, Capital Markets/Corporate/M&A).

For more details on the planned transaction, please visit: Terra Quantum AG to go public in $3.25 billion SPAC deal