General Fusion to Go Public via Reverse Merger with Spring Valley III
January 22, 2026
Fusion startup General Fusion plans to go public through a reverse merger with special purpose acquisition company Spring Valley III, along with additional investment from institutional investors. If the deal closes as planned, the transaction could provide General Fusion up to $335 million and value the combined company at about $1 billion.
- Buyers
- Spring Valley III, Institutional investors
- Targets
- General Fusion
- Industry
- Energy
- Transaction Type
- Growth capital
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