Apr. 24 at 1:05 AM
X-energy Inc. priced its IPO at
$23 per share, offering 44.3 million Class A common shares, according to the company. The nuclear reactor technology firm also granted underwriters a 30-day option to purchase an additional 6.6 million shares.
Shares are expected to begin trading on the Nasdaq Global Select Market on April 24, 2026, under the ticker “XE,” with the offering scheduled to close on April 27, 2026, subject to standard closing conditions.
J.P. Morgan, Morgan Stanley, Jefferies, and Moelis & Company served as joint lead bookrunners. The SEC declared the registration effective on April 23, 2026.
Based in Rockville, Maryland, the company develops small modular nuclear reactors and fuel technology aimed at cleaner and more efficient energy generation.
The IPO is among the largest in the nuclear energy sector, expected to raise about
$1.02 billion in gross proceeds before underwriting discounts and expenses.
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