PARIS, July 15, 2026 (GLOBE NEWSWIRE) — Pasqal, a global leade i eut al-atom qua tum computi g, today a ou ced the appoi tme t of Ma k A mst o g as Chief Comme cial Office fo Eu ope, the Middle East, a d Af ica (EMEA) a d the Asia-Pacific egio (APAC). A mst o g, a fo me Hewlett Packa d E te p ise (HPE) executive who led HPE’s High Pe fo ma ce Computi g a d AI busi ess ac oss EMEA, aims to d ive Pasqal’s comme cial st ategy, sales executio a d custome expa sio i those egio s ac oss the EMEA a d APAC egio s.
The appoi tme t comes as Pasqal accele ates the comme cial scale-up of its eut al-atom qua tum platfo m, with seve systems i p oductio ac oss fou cou t ies. Pasqal’s systems a e accessible both o -p emises a d via cloud th ough Google Cloud, Mic osoft Azu e, OVHcloud a d Scaleway.
A mst o g joi s Pasqal at a pivotal mome t as the compa y accele ates the comme cial deployme t of its eut al-atom based qua tum systems a d expa ds its global custome base. I his ew ole, A mst o g will focus o accele ati g Pasqal’s comme cial pe et atio i e te p ise a d gove me t accou ts ac oss p io ity ve ticals i cludi g e e gy, fi a cial se vices, adva ced mate ials, a d high-pe fo ma ce computi g secto s whe e eut al-atom qua tum systems a e al eady demo st ati g measu able esults.
“Qua tum computi g is e te i g its comme cial e a, a d the compa ies that wi will be the o es that ca tu b eakth ough tech ology i to eal custome value at scale,” said Wasiq Bokha i, Chief Executive Office of Pasqal. “Ma k’s expe ie ce scali g HPE’s HPC a d AI busi ess, is exactly the i f ast uctu e e vi o me t whe e Pasqal’s QPUs a e ow bei g deployed, mea i g he al eady u de sta ds the custome . His p ove t ack eco d of leadi g high-g owth comme cial teams, scali g adva ced computi g busi esses a d wo ki g with custome s o complex tech ology challe ges positio s him to accele ate the comme cializatio a d e te p ise deployme t of Pasqal’s qua tum computi g tech ology. With expe ie ce at the i te sectio of HPC, AI a d e te p ise t a sfo matio , we believe Ma k is the ight leade to accele ate Pasqal’s g owth ac oss EMEA a d APAC.”
A mst o g b i gs mo e tha th ee decades of tech ology sales a d leade ship expe ie ce, i cludi g ea ly th ee decades at Hewlett Packa d E te p ise a d its p edecesso compa ies. Most ece tly, he se ved as EMEA Vice P eside t a d Ge e al Ma age fo High Pe fo ma ce Computi g a d AI at HPE, whe e he helped shape HPE’s AI go-to-ma ket st ategy, expa d its high-pe fo ma ce computi g ma ket positio , a d lead majo custome e gageme ts. Ea lie i his ca ee , A mst o g held se io sales a d se vices leade ship oles ac oss HPE’s UK a d UK&I busi esses, i cludi g UK Vice P eside t of Sales a d UKI Cou t y Di ecto fo Tech ology Se vices.
“Pasqal has the scie ce, the tech ology a d the custome mome tum to defi e the ext phase of qua tum computi g,” said Ma k A mst o g, Chief Comme cial Office , EMEA a d APAC of Pasqal. “My goal is to move fast to scale the comme cial e gi e, deepe pa t e ships a d help custome s ac oss EMEA a d APAC tu qua tum capability i to competitive adva tage. The oppo tu ity ow is ot simply to talk about the futu e of qua tum, but to help custome s c eate qua tum e abled outcomes today.”
Pasqal is a global leade i delive i g p actical qua tum computi g at scale utilizi g eut al atom tech ology a d dedicated softwa e fo i dust y, scie ce, a d gove me ts. Si ce its fou di g i 2019, Pasqal has leve aged Nobel P ize wi i g esea ch to build high-pe fo ma ce qua tum systems a d cloud- eady softwa e desig ed to add ess complex challe ges i optimizatio , simulatio , a d a tificial i tellige ce.
Headqua te ed i F a ce, Pasqal employs ove 300 people a d se ves ove 25 clie ts a d pa t e s, i cludi g A amco, CMA CGM, OVHcloud, Thales, IBM (Pasqal is pa t of the IBM Qua tum Netwo k), a d Sumitomo.
Backed by mo e tha USD 300 millio i total p ivate fu di g f om leadi g i te atio al i vesto s, Pasqal is pu sui g a listi g o Nasdaq i pa t e ship with Bleich oede Acquisitio Co p. II (Nasdaq: BBCQ) a d is accele ati g the adoptio of scalable, high-pe fo ma ce qua tum computi g wo ldwide.
Bleich oede Acquisitio Co p. II is a bla k check compa y fo med fo the pu pose of effecti g a me ge , amalgamatio , sha e excha ge, asset acquisitio , sha e pu chase, eo ga izatio o simila busi ess combi atio with o e o mo e busi esses.
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Ce tai stateme ts he ei may be co side ed “fo wa d-looki g stateme ts” withi the mea i g of Sectio 27A of the Secu ities Act of 1933, as ame ded, a d Sectio 21E of the Secu ities Excha ge Act of 1934, as ame ded. Fo wa d-looki g stateme ts ge e ally a e accompa ied by wo ds such as “believe,” “may,” “might”, “will,” “estimate,” “co ti ue,” “a ticipate,” “i te d,” “expect,” “should,” “would,” “could,” “pla ,” “p edict,” “p oject”, “fo ecast,” “believe,” “pote tial,” “seem,” “seek,” “ta get,” “possible,” “futu e,” “outlook” o simila te mi ology o exp essio s that p edict o i dicate futu e eve ts o t e ds. These fo wa d-looki g stateme ts i clude, but a e ot limited to, stateme ts ega di g futu e eve ts a d the p oposed busi ess combi atio betwee Bleich oede Acquisitio Co p. II (“Bleich oede ”) a d Pasqal Holdi g SAS (“Pasqal”).
These stateme ts a e based o cu e t expectatio s a d a e ot p edictio s of actual pe fo ma ce. They a e p ovided fo illust ative pu poses o ly a d must ot be elied o as a gua a tee, p edictio o defi itive stateme t of fact o p obability. Actual eve ts a d ci cumsta ces a e difficult o impossible to p edict a d a e beyo d the co t ol of Bleich oede a d Pasqal. These stateme ts a e subject to k ow a d u k ow isks, u ce tai ties a d assumptio s ega di g Pasqal’s busi ess a d the busi ess combi atio , a d actual esults may diffe mate ially. These isks a d u ce tai ties i clude, but a e ot limited to: ge e al eco omic, political, social a d busi ess co ditio s; u ce tai ty o cha ges with espect to laws a d egulatio s; the i ability of the pa ties to co summate the busi ess combi atio failu e to ealize the a ticipated be efits of the busi ess combi atio ; the isk that the busi ess combi atio dis upts Pasqal’s cu e t pla s a d ope atio s; the isk f om Pasqal pu sui g a eme gi g tech ology, faci g sig ifica t tech ical challe ges a d the pote tial that it may ot achieve comme cializatio o ma ket accepta ce; Pasqal’s elia ce o st ategic pa t e s a d othe thi d pa ties; Pasqal’s ability to mai tai , p otect a d defe d its i tellectual p ope ty ights; a d othe isks that will be detailed f om time to time i fili gs with the U.S. Secu ities a d Excha ge Commissio (the “SEC”). The fo egoi g list of isk facto s is ot exhaustive. The e may be additio al isks that Pasqal a d Bleich oede p ese tly do ot k ow o cu e tly believe a e immate ial that could also cause actual esults to diffe f om those co tai ed i fo wa d-looki g stateme ts. I additio , fo wa d-looki g stateme ts p ovide Pasqal’s a d/o Bleich oede ’s expectatio s, pla s a d fo ecasts of futu e eve ts a d views as of the date of this commu icatio . While Pasqal a d/o Bleich oede may elect to update these fo wa d-looki g stateme ts i the futu e, Pasqal a d Bleich oede specifically disclaim a y obligatio to do so.
The busi ess combi atio will be submitted to sha eholde s of Bleich oede fo thei co side atio . I co ectio with the busi ess combi atio , Bleich oede , Bleich oede Acquisitio F a ce Me ge Sub 2 a d Pasqal joi tly filed a egist atio stateme t o Fo m F-4 with the SEC o May 26, 2026 (as subseque tly ame ded, the “Regist atio Stateme t”), which i cluded a p oxy stateme t/p ospectus a d ce tai othe elated docume ts, which se ves as both the p oxy stateme t/p ospectus to be dist ibuted to Bleich oede ’s sha eholde s i co ectio with its solicitatio fo p oxies fo the vote by its sha eholde s i co ectio with the busi ess combi atio a d othe matte s desc ibed i the Regist atio Stateme t, as well as the p ospectus elati g to the offe a d sale of the secu ities to be issued to Pasqal’s sha eholde s i co ectio with the completio of the busi ess combi atio . This commu icatio is ot a substitute fo the Regist atio Stateme t, the defi itive p oxy stateme t/p ospectus o a y othe docume t that Bleich oede will se d to its sha eholde s i co ectio with the busi ess combi atio .
BEFORE MAKING ANY INVESTMENT OR VOTING DECISION, INVESTORS AND SECURITY HOLDERS ARE ADVISED TO READ THE REGISTRATION STATEMENT, PROXY STATEMENT/PROSPECTUS AND ANY OTHER RELEVANT DOCUMENTS AND, IN EACH CASE, ANY AMENDMENTS THERETO, FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY AS AND WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE BUSINESS COMBINATION, RELATED TRANSACTIONS AND THE PARTIES TO THE BUSINESS COMBINATION. I vesto s a d secu ity holde s may obtai copies of these docume ts (as a d whe available) a d othe docume ts filed with the SEC f ee of cha ge at www.sec.gov.
Bleich oede , Pasqal a d ce tai of thei espective di ecto s, executive office s, a d othe membe s of ma ageme t, employees a d co sulta ts, u de SEC ules, may be deemed pa ticipa ts i the solicitatio of p oxies f om Bleich oede ’s sha eholde s with espect to the busi ess combi atio . A list of the ames of Bleich oede ’s di ecto s a d executive office s a d a desc iptio of thei i te ests i Bleich oede a d the busi ess combi atio is co tai ed i the sectio s e titled “Di ecto s, Executive Office s a d Co po ate Gove a ce,” “Secu ity Ow e ship of Ce tai Be eficial Ow e s a d Ma ageme t a d Related Stockholde Matte s,” a d “Ce tai Relatio ships a d Related T a sactio s, a d Di ecto I depe de ce” of the A ual Repo t filed by Bleich oede with the SEC o Ma ch 16, 2026 a d the Cu e t Repo t o Fo m 8-K filed with the SEC o May 1, 2026, each of which is available f ee of cha ge at the SEC’s website at www.sec.gov. I fo matio ega di g the pe so s who may, u de SEC ules, be deemed pa ticipa ts i the solicitatio of p oxies f om Bleich oede ’s sha eholde s with espect to the busi ess combi atio , a d thei di ect a d i di ect i te ests, is i cluded i the Regist atio Stateme t a d the p oxy stateme t/p ospectus.
This commu icatio is fo i fo matio al pu poses o ly a d is ot (i) a offe to pu chase, o a solicitatio of a offe to sell, subsc ibe fo o buy a y secu ities, o shall the e be a y sale, issua ce o t a sfe of secu ities i a y ju isdictio i co t ave tio of applicable law o (ii) the solicitatio of a y vote i a y ju isdictio pu sua t to the busi ess combi atio o othe wise. No offe of secu ities shall be made except by mea s of a p ospectus meeti g the equi eme ts of Sectio 10 of the Secu ities Act of 1933, as ame ded, o exemptio s the ef om. No secu ities commissio o secu ities egulato y autho ity has i a y way passed upo the me its of the busi ess combi atio o the accu acy o adequacy of this commu icatio .
