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General Fusion became the first company solely focused on nuclear fusion to go public, listing on Nasdaq under $GFUZ after merging with SPAC Spring Valley Acquisition Corp. III. The Richmond, BC-based startup entered public markets with roughly $150 million USD in cash and opened at $12.80 per share. For a field that has spent decades as a punchline for "always ten years away," a public listing is a credibility milestone—even if commercial reactors remain distant.
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