NYSE:AAC - New York Stock Exchange, Inc. - KYG330321061 - Common Stock - Currency: USD
This nuclear power SPAC IPO is now dead as a doorstop.
One of the SPAC industry’s biggest tie-ups backed by a marquee investor collapsed as private equity firm Ares Management called off its deal hours before a shareholder vote.
The safety case for X-energy starts with the fuel: the TRISO-X pebble is the containment vessel designed not to melt. The uranium oxycarbide kernels are encased in carbon and ceramic layers and set within a graphite matrix, which the company claims will not melt under any foreseeable adverse conditions within the reactor.
Mentions: ARES
Ares Acquisition Corporation (NYSE: AAC) and X-Energy Reactor Company, LLC announced a
/PRNewswire/ -- Dow (NYSE: DOW), the world's leading materials science company, and X-Energy Reactor Company, LLC ("X-energy"), a leading developer of advanced...
Mentions: DOW
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