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News  ›  Benzinga

Terrestrial Energy Inc. Begins Trading on the Nasdaq Stock Market

Benzinga Logo Benzinga By Globe Newswire
Terrestrial Energy Inc. Begins Trading on the Nasdaq Stock Market

Terrestrial Energy Inc. successfully completed its business combination with HCM II Acquisition Corp., raising over $292 million and beginning trading on Nasdaq under the ticker 'IMSR'. The company develops small modular nuclear plants using advanced Generation IV Integral Molten Salt Reactor technology.

Insights
VNOpL   neutral

Standard dividend declaration with no significant positive or negative indicators, routine financial reporting


HOND   neutral

Served as merger partner in the transaction without significant additional context