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NASDAQ:HOND 15 October 2025 - 20 October 2025

Nuclear SPAC Stock Skyrockets: Terrestrial Energy’s SPAC Deal Ignites Investor Frenzy

Nuclear SPAC Stock Skyrockets: Terrestrial Energy’s SPAC Deal Ignites Investor Frenzy

HCM II (NASDAQ: HOND) shareholders will vote Oct. 20, 2025, on merging with Terrestrial Energy, which could raise $280 million at a $1.3 billion valuation if approved. Anticipation pushed HOND shares to $24.98 by Oct. 15, near a 52-week high. Terrestrial’s IMSR reactor just cleared a key U.S. regulatory hurdle. The Department of Energy also selected Terrestrial for its Advanced Fuel Pilot program.
20 October 2025
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Nuclear SPAC Stock Skyrockets on Merger Frenzy: HOND Shares Soar as Terrestrial Energy Deal Nears

Nuclear SPAC Stock Skyrockets on Merger Frenzy: HOND Shares Soar as Terrestrial Energy Deal Nears

HOND stock jumped from $18.86 to $24.98 between Oct. 13 and Oct. 15 on heavy volume, ahead of an Oct. 20 shareholder vote on its merger with Terrestrial Energy. The SEC cleared the S-4 registration on Sept. 26, enabling the vote. If approved, the combined company will list on Nasdaq as “IMSR.” Terrestrial’s molten salt reactor technology recently received NRC approval, the first for its kind.
15 October 2025
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