TLDR
- Terrestrial Energy soars on Nasdaq debut, backed by $292M capital boost.
- IMSR tech hits the market as Terrestrial Energy completes $292M merger.
- Nuclear innovator Terrestrial Energy launches IPO with strong investor backing.
- Terrestrial Energy’s IMSR reactors gain traction after Nasdaq listing.
- $292M raise powers Terrestrial Energy’s clean nuclear tech expansion.
Terrestrial Energy began trading under the Nasdaq ticker symbol “IMSR” following the completion of its merger with HCM II Acquisition Corp. The company secured more than $292 million in gross proceeds to accelerate its next phase of commercializing nuclear reactors. Its stock rose by 6.15% to $19.15 as of 3: 23: 12 PM EDT, signaling a strong market response.
Terrestrial Energy (IMSR)
IMSR Launches on Nasdaq After Finalizing $292 Million Deal
Terrestrial Energy completed its business combination with HCM II Acquisition Corp on October 28, 2025. It now trades on Nasdaq under the new ticker “IMSR,” reflecting its renewed public market position. The capital raise includes approximately $50 million from new institutional investors via PIPE and around $242 million from HCM II’s trust.
The merger results in a strengthened capital structure and increased liquidity for scaling up operations. Redemption rates remained below 1%, confirming broad approval for the transaction. Terrestrial Energy can now accelerate its commercialization strategy for its advanced nuclear solutions.
Its Nasdaq debut marks a significant shift in the nuclear sector’s financial landscape. With fresh capital and public visibility, Terrestrial Energy aims to scale its techno