General Fusion Announces Investor Roadshow for NASDAQ SPAC Merger

On May 7, 2026, General Fusion (Richmond, BC, Canada) announced it will present at major technology and investor events throughout May 2026, advancing its planned NASDAQ listing via a SPAC merger with Spring Valley Acquisition Corp. III (SVAC) under the proposed ticker 'GFUZ'. The announcement followed the May 4 publication of a DOE-funded Savannah River National Laboratory study in Fusion Science and Technology validating General Fusion's magnetized target fusion (MTF) liquid metal wall design — providing scientific credibility ahead of the public offering. General Fusion, backed by Jeff Bezos and Temasek with $492M raised to date, underwent a ~25% staff reduction in 2025 and received a $22M bridge round before pursuing the SPAC path to public markets. The company's MTF approach fires high-speed pistons into a liquid metal vortex containing a magnetized plasma, compressing it to fusion conditions — a distinct alternative to tokamak or laser-based approaches.