New Delhi, July 13 -- NEW YORK - General Fusion began trading on Nasdaq Monday under the ticker GFUZ, opening at $12.85 a share and climbing 40 percent by midday, marking the first time investors can buy equity in a nuclear fusion company on a public stock exchange.

less than $30 million from the SPAC itself, and an additional $108 million raised from private investors who committed capital to close the transaction. The original de-SPAC was projected to deliver more than $230 million.

The company has not disclosed how long that cash position is expected to last. The milestone it is racing toward - a demonstration of fusion energy breakeven, the point at which the reaction generates as much energy as it consumes - has already slipped onc...