General Fusion debuts as first publicly traded fusion company

General Fusion began trading on the Nasdaq under the ticker GFUZ, becoming the first publicly listed fusion power company.

• General Fusion's stock rose 40% from its opening price of $12.85 on its first trading day.
• The company completed its merger with Spring Valley Acquisition Corp. III last week.
• General Fusion raised $108 million from private investors alongside the de-SPAC transaction.
• The company stated it holds approximately $150 million in cash after the merger and private placement.