General Fusion Completes Business Combination with Spring Valley Acquisition Corp. III, Set to Debut on Nasdaq as First Publicly Listed Fusion Company
General Fusion Group Ltd., a fusion energy company, has completed its business combination with Spring Valley Acquisition Corp. III (SVAC), paving the way for it to debut on the Nasdaq under the ticker GFUZ. The transaction provides General Fusion with approximately $150 million in cash to advance key technical milestones of its Magnetized Target Fusion program by 2028.
Topics: fusion energy public listing SPAC merger