Launch Two announced a business combination with NuCube that would bring NuCube public and values NuCube at a pre-money equity value of approximately $500 million.
Key Highlights:
- Launch Two and NuCube signed a definitive Business Combination Agreement to combine via domestication and merger.
- Transaction values NuCube at ~ $500M pre-money and is expected to raise up to ~$125M of gross proceeds (PIPE + trust cash).
- Combined company expected to list on Nasdaq or NYSE and targeted to close in H2 2026, subject to approvals and conditions.
- NuCube shareholders will roll 100% of equity and are expected to own ~73% of the combined company at close.
- NuCube targets FOAK deployment in 2029 with factory-built TRISO-fueled NuSun microreactors delivering up to ~1,100°C process heat.
Original SEC Filing:
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