Centrus Energy Corp. announced a public offering of 500,000 Class A common shares, pre-funded warrants for 2,005,513 shares, and common warrants for nearly 7 million shares, priced around $199.60 each, expected to raise approximately $500 million before expenses. The proceeds will support general corporate purposes including technology development, debt repayment, capital expenditures, and potential acquisitions. The offering includes warrants exercisable over several years with varying exercise prices. Closing is expected around September 11, 2026, with Guggenheim Securities and Barclays managing the deal. This capital raise aims to strengthen Centrus's position in the nuclear fuel market and support its growth initiatives.
Centrus Energy Corp. announced a public offering of Class A common stock, pre-funded warrants, and common warrants to raise capital. The proceeds will be used for general corporate purposes, including technology investments, debt repayment, capital e...
Centrus Energy and Radiant have agreed on a multi-year contract for Centrus to supply high-assay, low-enriched uranium (HALEU) fuel to support Radiant's deployment of Kaleidos microreactors. This deal adds a domestic U.S. source of HALEU, crucial for...
Stocks of small modular reactor developers NuScale Power and Oklo rose sharply by 13% and 7% respectively, signaling renewed investor interest in the nuclear energy sector despite a broadly declining market. This rally comes without new company-speci...
