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29.05.26 - 21:51
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"Closing The Nuclear Fuel Cycle" - Newcleo′s $780M War Chest And Oklo Partnership Fuel $2.4B SPAC Debut (ZeroHedge)
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"Closing The Nuclear Fuel Cycle" - Newcleo's $780M War Chest And Oklo Partnership Fuel $2.4B SPAC Debut
It's open season in the nuclear industry for going public, and this week's episode features newcleo, a European lead-cooled reactor developer.
The Paris-based developer of lead-cooled fast reactors (LFRs) and closed-cycle MOX fuel announced it will merge with NewHold Investment Corp III (ticker NHIC) in a deal valuing the company at roughly $2.4 billion.
A $220 million oversubscribed PIPE at $10 per share plus up to $209 million from the SPAC trust should deliver as much as $429 million in gross proceeds before redemptions and fees. The combined entity expects to list on Nasdaq under ticker NWCL in the second half of 2026.
Hopefully their transition to public markets doesn't follow the same path as microreactor developer Hadron Energy…
Founded by Stefano Buono (the man who took Advanced Accelerator Applications public on Nasdaq in 2015 and sold it to Novartis for $3.9 bil...
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29.05.26 - 20:12
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Swiss Market Ends Modestly Higher (AFX)
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BRUSSELS (dpa-AFX) - The Switzerland market ended modestly higher on Friday after trading firm right through the day's session, thanks largely to sustained buying at several counters.The mood rema......
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29.05.26 - 17:15
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UBS Announces Leadership Appointments in the Southeast US Region (Business Wire)
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John Houlihan named Market Executive for the South Market
Tyler Hutchens named Market Executive for Greater Florida/Gulf Coast Market
NEW YORK--(BUSINESS WIRE)--UBS Wealth Management USA today announced two leadership appointments in its Southeast Wealth Management Region.
The Southeast Region, which has seen an influx of wealth in recent years, encompasses some of the nation's fastest growing wealth centers, including Philadelphia, Washington, D.C., Charlotte, Charleston, Nashville, Atlanta, Miami, Palm Beach, Naples and Tampa, among others.
John Houlihan has been named Market Executive for the South Market. He is responsible for overseeing the firm's Private Wealth Management and Wealth Management businesses in Georgia, Tennessee, and Arkansas.
John reports to Julie Fox, Southeast Regional Director, and is based in Atlanta.
His career in financial services spans more than three decades, including years of experience in Atlanta. He joined UBS in 2015 and was most recently Regional Market Director for t...
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