NEI Magazine, 3 November 2023 US-based X-Energy Reactor Company and publicly-traded special purpose acquisition company Ares Acquisition Corporation (AAC), have mutually agreed to terminate their previously announced business combination agreement with immediate effect. ... X-energy and AAC agreed not to proceed with the transaction citing “challenging market conditions, peer-company trading performance and a balancing of…
X-energy, Ares drop merger plan, 31 October 2023 Small modular reactor (SMR) and advanced fuel technology developer X-Energy Reactor Company - known as X-energy - and Ares Acquisition Corporation (AAC) have "mutually agreed to terminate their previously announced business combination agreement, effective immediately". In December last year, X-energy and AAC - a publicly traded special purpose…
Small modular reactor and advanced fuel technology developer X-Energy Reactor Company - known as X-energy - and Ares Acquisition Corporation have "mutually agreed to terminate their previously announced business combination agreement, effective immediately".
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