King & Spalding Advised HCM II Acquisition Corp. On Business Combination With Terrestrial Energy
King & Spalding advised HCM II Acquisition Corp. on its business combination with Terrestrial Energy, paving the way for its Nasdaq listing under the ticker “IMSR.”;
King & Spalding Advised HCM II Acquisition Corp. On Business Combination With Terrestrial Energy
King & Spalding advised HCM II Acquisition Corp. (Nasdaq: HOND) in connection with its business combination agreement, which will result in Terrestrial Energy becoming a publicly listed company on Nasdaq under the ticker symbol “IMSR”. This transaction marks a significant milestone in the energy sector, as Terrestrial Energy advances its mission to develop next-generation nuclear technology to support clean and sustainable energy solutions.
The agreement is expected to provide Terrestrial Energy with the necessary capital and market positioning to further commercialize its Integral Molten Salt Reactor (IMSR) technology, which has the potential to revolutionize nuclear power generation by offering an efficient, cost-effective, and low-emission alternative to conventional energy sources.
The King & Spalding team advising on this transaction was led by Kevin E. Manz (Partner), Timothy FitzSimons (Partner), and Jerome Hughes (Associate), with support from Meredith Sheldon O'Leary (Partner) , John Sweet (Partner), and Scott Petty (Patent Lawyer).
