NorthStrive Acquisition Corp I. NSAI
NorthStrive Acquisition Corp I enters business combination
Item 1.01 Enters material agreement
- Form
- 8-K
- Filed
- Importance
- Major
- Accession
- 0001213900-26-114913
- SPAC and Company entered into BCA on Oct 30, 2026
- SPAC will change name to Nuclea-X Inc. after continuance
- Company shares will be converted into SPAC Class A Shares
- Amalgamation Sub will be cancelled after Amalgamation
Written from the 8-K on EDGAR. Check the filing before you rely on it.
The reading, claim by claim
From the filing
Item 1.01 Entry Into a Material Definitive
Item 1.01 Entry Into a Material Definitive
Agreement
Business Combination
Agreement
On
October 30, 2026, NorthStrive Acquisition Corp I., a Cayman Islands exempted company (the " SPAC "), entered into a business combination agreement (as the same may be amended, supplemented or otherwise modified from time to time, the " BCA "), with Nuclea Energy Inc., a company incorporated under the Business Corporations Act (British Columbia) (" BCBCA ") (the " Company ") and 1614485 B.C. Ltd., a company incorporated under the BCBCA and a wholly-owned subsidiary of the SPAC (the " Amalgamation Sub ," together with the SPAC and the Company, the "Parties ," and each, a " Party ").
The BCA and the transactions contemplated thereby were unanimously approved by the boards of directors of each of the SPAC and the Company.
The Business Combination
The
BCA contemplates that the business combination among the SPAC, the Company and Amalgamation Sub will be completed through the following series of transactions:
● after receipt of the SPAC Shareholder Approval (as defined below) but prior to the time when the Amalgamation (as defined below) becomes effective (the " Amalgamation Effective Time "), the SPAC shall complete the deregistration as a Cayman Islands exempted company in accordance with section 206 of the Companies Act (Revised) of the Cayman Islands and, immediately upon such deregistration, the continuance to Canada under the Canada Business Corporations Act (" CBCA ") (the " SPAC Continuance "). Upon the completion of the SPAC Continuance, the name of the SPAC shall be changed from "NorthStrive Acquisition Corp I" to "Nuclea-X Inc." or such other name as the Parties may agree on;
● following completion of the SPAC Continuance and immediately prior to the Amalgamation Effective Time, all of the issued and outstanding Company Debentures (as defined below) shall be converted into Company Shares (as defined below) in accordance with their respective terms; and ● following the SPAC Co
Similar companies
Companies of similar size in SIC 6770 and related industry codes: the same peer list as the financial tables.
- Ares Acquisition Corp III AAC
- Artius II Acquisition AACB public float $223M, Jun 30, 2025
- Armada Acquisition Corp. III AACI
- Abony Acquisition Corp. I AACO
- Apogee Acquisition AACP