India, June 25 -- NuCube Energy, Inc. and blank-check company Launch Two Acquisition Corp. (LPBB) on Thursday said they have agreed to merge in a deal that would take the nuclear technology company public.
The transaction values NuCube at a pre-money equity value of about $500 million and is expected to generate gross proceeds of up to $125 million, including anticipated private investment in public equity (PIPE) financing and cash held in Launch Two.
Upon completion of the transaction, the combined company is expected to be listed on either the Nasdaq Stock Market or the New York Stock Exchange. The transaction is expected to close in the second half of 2026.
NuCube develops factory-built, solid-state microreactors that provide firm, ze...