Today: 20 March 2026
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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.
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.

Stock Market Today

  • Evertz Technologies Fair Value Targets Lifted by Analysts on TSX
    March 20, 2026, 2:37 PM EDT. Analysts have raised the fair value estimate for Evertz Technologies (TSX:ET) from CA$14.88 to CA$17.25, reflecting a roughly 16% increase and aligning with a cluster of price targets between CA$16 and CA$17.50. Canaccord and BMO Capital have each lifted their price targets to CA$17.50, maintaining positive ratings, while RBC Capital has raised its target incrementally to CA$16 but retains a cautious Sector Perform stance. The upward revisions follow updated assumptions, including a slight dip in revenue growth to 4.16% and an improved net profit margin to 12.98%. The stock's quarterly dividend was declared at CA$0.2050 per share, payable March 2026. Investors should note the narrowed upside range and potential risks flagged, advising careful consideration of entry points and expectations.
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