Spring Valley Acquisition Corp. III Shareholders Approve Business Combination with General Fusion
· Financial Post
VANCOUVER, British Columbia, July 06, 2026 (GLOBE NEWSWIRE) -- Spring Valley Acquisition Corp. III (“Spring Valley” or “SVAC”) (NASDAQ: SVAC) today announced that its shareholders have approved the previously announced business combination with General Fusion Inc. (“General Fusion” or the “Company”), a leader in the global race to commercialize fusion energy. General Fusion securityholders also voted to approve the transaction at a special meeting held on July 6, 2026. The approval represents another significant milestone toward completing the transaction and advancing General Fusion’s uniquely practical Magnetized Target Fusion (“MTF”) technology, which has the potential to deliver zero-carbon, baseload power in a cost-competitive way. This comes at a critical time as demand for electricity surges and nations around the world race to commercialize fusion power. Read More
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