Newcleo (NWCL) To Go Public Via SPAC Merger With NewHold Investment Corp III, Targeting $2.4 Billion Valuation
Newcleo Ltd. (Nasdaq: NWCL), a developer of advanced modular lead-cooled fast reactors and mixed oxide nuclear fuel, has agreed to merge with NewHold Investment Corp III (Nasdaq: NHIC) to become a publicly traded company. The transaction values newcleo at a pre-money equity value of approximately 2.4 billion and is expected to generate up to 429 [] The post Newcleo (NWCL) To Go Public Via SPAC Merger With NewHold Investment Corp III, Targeting 2.4 Billion Valuation appeared first on Foreign Policy Journal.
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