Newcleo to Go Public in $2.4B SPAC Merger with NewHold


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Newcleo to Go Public via $2.4 Billion Business Combination with NewHold Investment Corp III
Paris, France, and New York, NY, USA. Newcleo Ltd., a developer of advanced modular reactors, has announced a definitive agreement to become a public company through a business combination with NewHold Investment Corp III (Nasdaq: NHIC). The transaction values Newcleo at an estimated pre-money equity value of approximately $2.4 billion.
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