Terrestrial Energy Inc. finalized its de-SPAC business combination with HCM II Acquisition Corp. on October 28, 2025, resulting in the entity becoming a Delaware corporation, trading as IMSR on Nasdaq. The surviving entity legally changed its name to Terrestrial Energy Development Inc. The transaction closed with minimal redemptions (\(\approx\\)77,890\() and secured **\\)50 million** in PIPE funding at $10.00 per share. Post-closing common shares outstanding total \(\approx 81.8\) million, alongside \(\approx 24\) million exchangeable shares. The company anticipates retaining earnings and expects no
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