A nuclear developer priced at $2.4B on Nasdaq in a week when three firms sold divisions

Podcast: AgTech Digest: Weekly Agriculture Technology News & Deals · iGrowNews

Opublikowano: 2026-09-25

Three companies sold divisions, two merged into one, and the only capital moving at scale was debt — except for the reactor developer that walked onto Nasdaq at a $2.4 billion pre-money valuation. newcleo, the lead-cooled fast reactor and MOX fuel developer, closed its SPAC combination with NewHold Investment Corp III, raising $247 million gross and pushing total funding past $1 billion. It landed in a week defined by subtraction: Titan International agreed to sell its ITM (Italtractor ITM) undercarriage business to Italy's USCO S.p.A. for roughly $285 million in total cash value — a $207 million initial price, up to $6 million of e...