General Fusion prepares to continue its quest for commercial fusion power as a public company
Richmond, BC’s General Fusion wants to become the first company to develop commercially viable fusion power, and thinks going public could help provide the capital it needs to win. Pending regulatory and shareholder approval, General Fusion is expected to debut on the Nasdaq by mid-2026, after striking a deal to merge with Dallas-based special purpose acquisition company (SPAC) Spring Valley Acquisition Corp. III (Spring Valley) at a projected future equity value of $1 billion USD ($1.4 million