X-ENERGY PRICES IPO AT $23/SHARE, ABOVE RANGE…LISTS ON NASDAQ AS
$XE
· Upsized offering: 44,254,659 Class A shares priced at $23.00
· Above range: initial guidance was $16–$19/share
· Overallotment option: underwriters have 30 days to purchase up to 6.6M additional shares
· Gross proceeds: ~$1.02B at offering price
· Trading begins: April 24, 2026 on Nasdaq Global Select Market under
$XE
· Expected close: April 27, 2026, subject to customary conditions
· Bookrunners: J.P. Morgan, Morgan Stanley, Jefferies, Moelis & Company
Advanced SMR developer X-energy priced well above its marketed range, signaling strong institutional demand for pure-play nuclear exposure ahead of key deployment milestones.
$XE