Acquiring Company
Spring Valley Acquisition Corp. III
Acquired Company
General Fusion Group Ltd
Reno
RichmondEnergyOtherInformation TechnologyEnergyGovernment And MilitaryDescription
General Fusion Group Ltd. completed its merger with Spring Valley Acquisition Corp. III on July 10, 2026, becoming the first publicly listed fusion energy company. The merger allows General Fusion to access approximately US$150 million in cash to advance its technology. Shares began trading on the Nasdaq under the ticker GFUZ.
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Based on deal dataFrequently asked
Who acquired General Fusion Group Ltd?
General Fusion Group Ltd was acquired by Spring Valley Acquisition Corp. III, based in Reno. The deal was reported on August 21, 2026. Spring Valley Acquisition Corp. III is a special-purpose acquisition company (SPAC) focused on high-growth sectors related to natural resources and decarbonization. Spring Valley Acquisition Corp. III is publicly traded (GFUZ) and operates in Energy.
When did Spring Valley Acquisition Corp. III acquire General Fusion Group Ltd?
Spring Valley Acquisition Corp. III's acquisition of General Fusion Group Ltd was reported on August 21, 2026. General Fusion Group Ltd. completed its merger with Spring Valley Acquisition Corp. III on July 10, 2026, becoming the first publicly listed fusion energy company. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does General Fusion Group Ltd do?
General Fusion is a leader in fusion energy technology, recognized for its innovative approach to developing fusion power. The company has over two decades of research with more than 200,000 plasma experiments. It is privately held, operating in Other, and is based in Richmond.
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