Nuclea Energy to go public via SPAC merger at USD 350 million enterprise value
Nuclea Energy and NorthStrive Acquisition Corp I have signed a definitive business combination agreement that would take Nuclea public if completed, according to a GlobeNewswire release carried by multiple outlets.
The deal implies an enterprise value of USD 350 million for Nuclea, subject to adjustments at closing. NorthStrive Acquisition Corp I, a special purpose acquisition company listed on Nasdaq under the tickers NSAI, NSAIU, NSAIW, and NSAIR, is expected to be renamed Nuclea-X Inc. and continue trading on Nasdaq once the transaction closes.
Closing is expected in the first half of 2027. Nuclea describes itself as a company developing advanced nuclear technologies.
Source: crweworld.com (opens in a new tab)2 sourcesPermalink