 |
ICR Inc. handled Terrestrial Energy’s SPAC deal, which has the Charlotte-based developer of small modular nuclear plants trading on the NASDAQ as of October 28.
Terrestrial raised $292M following completion of its business combination with HCM II Acquisition Corp.
The NASDQ listing is “public market validation of the urgent need today for transformative nuclear energy supply capable for meeting rapidly growing and changing energy demand,” according to Simon Irish, Terrestrial’s CEO.
He called Terrestrial’s small and modular nuclear plant and technology the “energy solutions the world desperately needs to meet the enormous energy demands from secular industrial innovation cycles happening today in other sectors.”
Terrestrial has partnerships with Westinghouse, Siemens, Ameresco, Energy Solutions, US Dept. of Energy, Texas A&M and the US national labs at Oakridge (TN), Argonne (IL) and Idaho Falls.
ICR continues as Terrestrial’s IR and strategic communications counsel. The firm has Marc Silverberg, Cory Ziskind, Tom Cook and Thomas Parks working the account.
BGR Group represents Noble Supply and Logistics as it files for Chapter 11 due to a change in its weapons support contract with the Defense Logistics Agency.
C Street Advisory Group is handling the Chapter 11 filing of LIV Golf following the move by Saudi Arabia’s Public Investment Fund to pull the financial plug on the League. (Updated)
Teneo handles Bamboo Insurance Services as the Midvale, UT-based marketer of homeowner policies files a Form S-1 statement with the SEC for an initial public offering.
FTI Consulting handles West Marine as the nation’s leading retailer of marine parts and accessories for boating, fishing and sailing enthusiasts emerges from Chapter 11 bankruptcy.
Throughline Global Advisors represents Principal Mineral as it acquires Conductive Group, manufacturer of advanced materials for the aerospace, telecommunications and electronics sectors.
