X-energy, a U.S. leader in advanced nuclear reactor and fuel technology, today announced the pricing of its initial public offering (IPO). According to the announcement, the company will issue 44,254,659 Class A common shares, an increase from previous plans. X-energy has also granted underwriters a 30-day over-allotment option to purchase up to an additional 6,638,198 shares. The IPO will be listed on the Nasdaq Stock Exchange, with the trading symbol yet to be finalized.
X-energy focuses on the development and commercialization of fourth-generation high-temperature gas-cooled reactors (Xe-100) and TRISO fuel particles, designed to provide flexibly deployable zero-carbon electricity, as well as industrial heat and hydrogen production. The company previously submitted a confidential S-1 registration statement to the U.S. Securities and Exchange Commission (SEC), and this pricing marks a critical step toward its public market debut. Although the specific per-share offering price has not been disclosed, the scale of the offering is estimated to raise several hundred million dollars or more.
