What is Newcleo's planned method and timeline for its Nasdaq listing, and who is its merger partner?

Newcleo plans to list on the Nasdaq through a merger with NewHold Investment Corp III (NHIC.O), as disclosed in its SEC filing; the transaction is scheduled to occur in the second half of the year.

How much capital does Newcleo aim to raise via its Nasdaq listing, and what financial challenges does it currently face?

Newcleo aims to raise up to $429 million through its Nasdaq listing; however, it faces significant financial strain, with its net loss widening to €140 million ($160 million) in 2025 from €110 million in 2024, cash reserves falling from €193 million to €105 million, and its auditor Grant Thornton expressing substantial doubt about its ability to continue as a going concern due to recurring losses.

Newcleo presses ahead with Nasdaq debut to fund next-generation nuclear technology

Jul 13, 2026

Nuclear startup Newcleo plans a Nasdaq listing via merger to raise up to $429 million for advanced reactor and fuel projects. SEC filings reveal widened losses and a collaboration with Oklo on a U.S. Department of Energy plutonium fuel program.

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Newcleo presses ahead with Nasdaq debut to fund next-generation nuclear technology

Newcleo presses ahead with Nasdaq debut to fund next-generation nuclear technology

FAQ