NorthStrive Acquisition Corp I agrees to merge with Nuclea Energy at $350 million value
NorthStrive Acquisition Corp I, a blank check company, signed a business combination agreement on October 30, 2026 with Nuclea Energy Inc., a developer of advanced nuclear technologies. If completed, Nuclea would become a publicly traded company under the Nuclea-X Inc. name, with an implied enterprise value of $350 million subject to adjustments at closing. Closing is expected in the first half of 2027 and depends on shareholder approvals, an effective Form S-4, Nasdaq listing approval, completion of the pending Moltex acquisition, and other conditions.
Key points
- Business combination agreement dated October 30, 2026; announced November 2, 2026
- Implied enterprise value for Nuclea of $350 million, subject to closing adjustments; Nuclea shareholders to receive Class A shares valued at $10.00 per share
- Nuclea shareholders also to receive 5,000,000 each of Class A, Class B and Class C earnout shares, convertible within four years of closing if specified milestones are met
- Expected to close in the first half of 2027; SPAC deadline to complete a business combination is August 19, 2027
The filing
Written by AI on Nov 9, 2026, 11:48 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 02, 2026.
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