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newcleo completes $247 million SPAC combination, reports €19.4 million first-half revenue

Verifying
  • newcleo completed its business combination with NewHold Investment Corp III and began Nasdaq trading.
  • The transaction generated approximately $247 million in gross proceeds, including $216 million from PIPE financing.
  • PRECURSOR construction is expected to finish by end-2026, followed by at-scale systems validation.
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