Investors send General Fusion soaring in debut as first publicly traded fusion company
General Fusion started trading on the Nasdaq following a reverse merger that saw high redemptions.
General Fusion started trading on the Nasdaq following a reverse merger that saw high redemptions.
Fusion startups and investors risk deepening fissures if some key disagreements aren’t settled amicably.
General Fusion’s merger with an acquisition company will net the company over $300 million. Just last year, the company ran into trouble raising money from other investors.
General Fusion pleaded for new funding in May after it laid off 25% of its staff. The new round buys it precious months to pursue its scientific milestones.