Xanadu Nominates Directors Ahead Of SPAC Merger
Xanadu Quantum Technologies and SPAC Crane Harbor announced on Feb. 23, 2026 the proposed nomination of Glenda Dorchak, Eliot Pence, Michelle Reynolds and Hon. Heidi Shyu to the NewCo board, alongside founder Christian Weedbrook and Crane Harbor CEO Bill Fradin. The board additions accompany Xanadu's planned business combination with Crane Harbor to form NewCo, expected to trade as 'XNDU' on Nasdaq and the Toronto Stock Exchange, targeting closing in Q1 2026.
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Moderate corporate development with official confirmation; limited technical novelty and narrow industry scope, reducing immediate impact for practitioners.
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