General Fusion Group (NASDAQ:GFUZ) shares are trading higher by almost 23% on Tuesday.
On Monday, the company began trading on the Nasdaq under the ticker symbol "GFUZ." This follows its business combination with Spring Valley Acquisition Corp III. • General Fusion Group stock is among today's top performers.
Why is GFUZ stock surging?
First Publicly Listed Fusion Company General Fusion is going public with around $150 million in available cash.
This includes proceeds from a private placement and trust funds, to advance its Magnetized Target Fusion (MTF) technology.
