General Fusion to go public on Nasdaq via $1-billion USD SPAC deal
BetaKit·2026-01-22 23:27

BC company claims it will be the first publicly traded pure-play fusion company.Canada’s General Fusion announced today that it has agreed to go public by combining with an American special purpose acquisition company (SPAC).The Richmond, BC-based fusion developer plans to merge with Dallas-based Spring Valley Acquisition Corp. III (Spring Valley) in a deal that values General Fusion at $1 billion USD. General Fusion is expected to begin trading on the Nasdaq once the deal closes, as it follows the same pa ...