Nelson Mullins represented Eagle Nuclear Energy Corp. in connection with the closing of its approximately $233.5 million de-SPAC business combination with Spring Valley Acquisition Corp. II, a Cayman Islands special purpose acquisition company (SPAC). In connection with the business combination, Eagle Nuclear also closed an approximately $30 million PIPE offering of convertible preferred stock.

Eagle Nuclear Energy Corp. is a next-generation nuclear energy company that combines domestic uranium exploration with exclusive Small Modular Reactor (SMR) technology. The company owns the largest conventional, measured and indicated uranium deposit in the United States, located in southeastern Oregon. This includes the Aurora deposit, with 32.75Mlbs Indicated and 4.98Mlbs Inferred (SK-1300 TRS) of near-surface uranium resource, and its adjacent Cordex deposit, which offers significant potential to expand the project’s overall resource inventory.

The firm’s deal team included partners E. Peter Strand, and associates Kathryn Simons, Kaylen Loflin, and Drew Calamaro, with assistance from tax specialists Wells Hall and Tim Wagner, executive compensation specialist Ann Murray, HSR specialist Colleen Kline, and IP specialist Anthony Laurentano.