General Fusion Surpasses Expectations on Nasdaq Debut as First Publicly Traded Fusion Power Company
General Fusion (GFUZ) made its debut on the Nasdaq with a 40% surge in stock price, becoming the first publicly traded fusion power company. The firm merged with Spring Valley Acquisition Corp. III and raised $150 million through de-SPAC and private investments despite redemption challenges.
Topics: de-SPAC transaction fusion energy stock market performance