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GSR III Acquisition initiated with a Buy at Roth Capital

Roth Capital analyst Craig Irwin initiated coverage of GSR III Acquisition (GSRT) with a Buy rating and $20 price target The company is set to acquire Terra Innovatum, which has designed a 1MW small modular reactor, the analyst tells investors in a research note. The firm believes the company’s strategy “de-risks” the future availability of nuclear fuels still under commercial development.

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