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NuCube Energy Secures $25 Million Anchor Investment from the Alaska Industrial Development and Export Authority
GlobeNewswire Inc.·
NuCube Energy announced a $25 million direct investment from the Alaska Industrial Development and Export Authority (AIDEA) as an anchor investor. The investment, at $9.25 per share with warrants, will support NuCube's NuSun™ microreactor development and manufacturing readiness. The funding counts toward the $75 million minimum cash condition required for NuCube's business combination with Launch Two Acquisition Corp., expected to list on Nasdaq upon closing.
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