
Maggie Eastland
Reporter at Bloomberg News
Articles
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1 day ago |
news.bloomberglaw.com | Maggie Eastland
Terra Innovatum, one of several competitors seeking to develop small-scale nuclear power, is set to go public by merging with the blank-check firm GSR III Acquisition Corp. The company has a pre-money equity valuation of $475 million in the transaction, according to a statement confirming an earlier report by Bloomberg News.
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2 days ago |
news.bloombergtax.com | Maggie Eastland
Terra Innovatum, one of several competitors seeking to develop small-scale nuclear power, is set to go public by merging with the blank-check firm GSR III Acquisition Corp. The company has a pre-money equity valuation of $475 million in the transaction, according to a statement reviewed by Bloomberg News. The deal will provide Terra Innovatum with up to $230 million in gross proceeds as it seeks US Nuclear Regulatory Commission approval to deploy its reactor design commercially by 2028.
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2 days ago |
financialpost.com | Maggie Eastland
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2 days ago |
windsorstar.com | Maggie Eastland
Terra Innovatum, one of several competitors seeking to develop small-scale nuclear power, is set to go public by merging with the blank-check firm GSR III Acquisition Corp. The company has a pre-money equity valuation of $475 million in the transaction, according to a statement reviewed by Bloomberg News. The deal will provide Terra Innovatum with up to $230 million in gross proceeds as it seeks US Nuclear Regulatory Commission approval to deploy its reactor design commercially by 2028.
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2 days ago |
bloomberg.com | Maggie Eastland
Terra Innovatum's design could be used for hospitals, data centers, industrial sites and mining operations, among other possibilities. Photographer: Andrey Rudakov/Bloomberg(Bloomberg) -- Terra Innovatum, one of several competitors seeking to develop small-scale nuclear power, is set to go public by merging with the blank-check firm GSR III Acquisition Corp.
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My latest: Terrestrial Energy, a developer of small nuclear reactors, is going public via a SPAC led by former Cantor Fitzgerald CEO. The deal values the combined firm at $1 billion. Read more here — https://t.co/UmWpkpVXCw

RT @od_liam: How AI’s Three-Minute Models Are Changing Dealmaking https://t.co/z0wF1WS7AX via @business @eastland_maggie

Some personal news 🗞️ I’ll be returning to @business full-time for a news rotation program. First up, I’ll be diving into oil markets. Grateful for this opportunity, and ready to keep learning! If you have thoughts on oil, you can reach me at [email protected].