NorthStrive Acquisition Corp I agrees to combine with Nuclea Energy

• NorthStrive Acquisition Corp I agreed to combine with Nuclea Energy at an enterprise value of $350 million, subject to closing adjustments.
• Closing is expected in the first half of 2027, subject to shareholder approvals, completion of Nuclea's Moltex acquisition and minimum cash requirements.
• The combined company is expected to be renamed Nuclea-X and listed on Nasdaq, taking the advanced nuclear technology developer public.
• Nuclea shareholders will receive Class A shares valued at $10 per share, with consideration adjusted for debt, cash and transaction expenses.
• The transaction aims to accelerate Nuclea's Morpheus reactor development and support nuclear fuel recycling through the pending Moltex acquisition.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Northstrive Acquisition Corp. I published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611020700PRIMZONEFULLFEED9867870) on November 02, 2026, and is solely responsible for the information contained therein.