Spring Valley Acquisition III - Unit(SVACU.US)

Blank Check Company, Spring Valley Acquisition Corp Iv Files For IPO Of Up To $200 Million

BLANK CHECK COMPANY, SPRING VALLEY ACQUISITION CORP IV FILES FOR IPO OF UP TO $200 MILLION - SEC FILINGSPRING VALLEY ACQUISITION CORP IV - INTEND TO FOCUS ON NATURAL RESOURCES AND DECARBONIZATION INDUSTRIES - SEC FILING

General Fusion to go public in US via $1 billion SPAC deal

Nuclear energy startup General Fusion plans to go public in the U.S. through a $1 billion merger with Spring Valley Acquisition Corp. III. The deal includes $105 million from a private investment and $230 million from SVAC III's cash. General Fusion aims to develop magnetized target fusion technology and expects to close the merger by mid-2026, listing on Nasdaq as "GFUZ." The funds will support the development of its fusion system amid rising demand for cleaner energy solutions.

General Fusion to Go Public via Merger with Spring Valley Acquisition Corp. III

General Fusion Inc. is set to go public through a merger with Spring Valley Acquisition Corp. III, making it the first publicly traded pure-play fusion company. The deal values the combined entity at approximately $1 billion, with $105 million from a private investment and $230 million in trust capital. The merger, approved by both boards, is expected to close in mid-2026, after which the company will list on Nasdaq. General Fusion focuses on Magnetized Target Fusion technology, backed by extensive research and patents.

Spring Valley Acquisition III - Unit | 10-Q: FY2025 Q3 Revenue: USD 0

Spring Valley Acquisition III - Unit | 10-Q: FY2025 Q2 Revenue: USD 0