General Fusion Inc. (General Fusion), a groundbreaking fusion leader with a 20-year track record of advancing fusion technology, has announced that it has entered into a definitive business combination agreement (the “Proposed Business Combination”) with Spring Valley Acquisition Corp. III (NASDAQ: SVAC). Upon closing, the Proposed Business Combination is expected to result in General Fusion listing on the Nasdaq and trading under the ticker symbol “GFUZ”.
Prior to this transaction, General Fusion had raised more than US$400 million in capital since its inception from leading institutional investors, strategic investors, venture capital firms, industry partners, and through government grants.
Fasken advised General Fusion with a team led by Shahrooz Nabavi (M&A and Corporate), and included Iain Mant (M&A), Martin Ferreira Pinho (Securities), Geoff Pedlow (Emerging Technology), Mike Coburn (Tax), Christopher Ross (Tax), Reina Mistry (Emerging Technology), Andrew House (National Security), Shanlee von Vegesack (Securities), Sarina Trasolini (Emerging Technology), Arjun Sodhi (Securities), Sukhvir Gill (Securities and M&A), and Musa Mansuar (Competition, Marketing and Foreign Investment).
Jurisdiction
- British Columbia
