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"Closing The Nuclear Fuel Cycle" - Newcleo's $780M War Chest And Oklo Partnership Fuel $2.4B SPAC Debut

"Closing The Nuclear Fuel Cycle" - Newcleo's $780M War Chest And Oklo Partnership Fuel $2.4B SPAC Debut It's open season in the nuclear industry for going public, and this week's episode features newcleo, a European lead-cooled reactor developer.  The Paris-based developer of lead-cooled fast reactors (LFRs) and closed-cycle MOX fuel announced it will merge with NewHold Investment Corp III (ticker NHIC) in a deal valuing the company at roughly $2.4 billion.  A $220 million oversubscribed PIPE at $10 per share plus up to $209 million from the SPAC trust should deliver as...
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May 19, 2026 / Tyler Durden
US Dept Of War Suspends Permanent Joint Board On Defense With Canada
US Dept Of War Suspends Permanent Joint Board On Defense With Canada Authored by 'sundance' via The Last Refuge, Remarkably, many news articles are citing confusion in trying to understand why U.S. Undersecretary of War, Elbridge Colby, announced the suspension of U.S. participation in the Permanent Joint Board on Defense with Canada. However, the announcement comes immediately after his meeting with U.S. ambassador to Canada, Pete Hoekstra, at the Pentagon and the comment, “we’re working closely to ensure every NATO partner, including Canada, reaches the Hague Summit’s 3.5% GDP defense spending target, a vital investment for...
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May 14, 2026 / Tyler Durden
US Govt Settles With Former NYT Reporter In Biden/Twitter Censorship Case
US Govt Settles With Former NYT Reporter In Biden/Twitter Censorship Case Authored by Zachary Stieber via The Epoch Times, The U.S. government has reached a settlement with a former New York Times reporter who was kicked off Twitter during the COVID-19 pandemic for posts about vaccines. Officials in a settlement agreement dated May 11 and obtained by The Epoch Times said that the government “did in fact violate the First Amendment by exerting substantial coercive pressure on social media companies such as Twitter to suppress disfavored speech like Plaintiff’s,” referring to former...
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May 30, 2026 / Tyler Durden
The Democrat Establishment Is Starting To Worry About Spencer Pratt
The Democrat Establishment Is Starting To Worry About Spencer Pratt The last person California Democrats expected to keep them up at night is Spencer Pratt. Yet here we are. The former reality television personality-turned-independent mayoral candidate has spent the past several weeks doing something that Los Angeles's political establishment convinced itself was impossible: making incumbent Mayor Karen Bass look vulnerable. Conventional wisdom held that a candidate like Pratt, a former television personality with no governing experience, running as an independent in a deep-blue city, had no realistic path to victory. The conventional...
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