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moves money BetaKit July 14, 2026

General Fusion “pleased” with public-market debut after redemption-heavy SPAC deal

General Fusion “pleased” with public-market debut after redemption-heavy SPAC deal
AI Summary

On Monday, Richmond, BC-based General Fusion became the first nuclear fusion company to go public. The company debuted on the public markets days after merging with the Nasdaq-listed special purpose acquisition company (SPAC) Spring Valley Acquisition Corp. Listed as $GFUZ on the Nasdaq, the stock opened Monday at $12.80 USD per share; it has continued to hover around that number, but has hit highs of nearly $15.

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