Centrus Energy Corp.
Centrus Energy Corp. Announces At Market Issuance Sales Agreement for Common Stock
Summary
On February 9, 2024, Centrus Energy Corp. announced an At Market Issuance Sales Agreement with B. Riley Securities, Inc., Lake Street Capital Markets, LLC, and Roth Capital Partners, LLC for the potential sale of the company's Class A Common Stock. The company is not obligated to sell any shares under this agreement and will pay the agents a commission rate of 3.0% of the gross proceeds from any sales. The sales will be made pursuant to the company's shelf registration statement on Form S-3, which became effective on July 10, 2023.
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About Centrus Energy Corp.
Centrus Energy Corp. is a diversified energy company focusing on the supply of nuclear fuel and services for the global nuclear power industry. The primary function of the company is to provide enriched uranium, a critical component in the production of nuclear energy. Centrus Energy plays a significant role in the nuclear fuel cycle, participating in activities that range from uranium enrichment to nuclear fuel sales. This firm is vital to the power generation sector, particularly in regions where nuclear power is a significant energy source. With its versatile offerings, Centrus Energy engages with both domestic and international markets, reflecting its strategic importance in maintaining the reliability and efficiency of nuclear energy production. Its operations ensure the availability of supply chains for nuclear power plants, contributing to energy security and environmentally sustainable energy solutions. Headquartered in Bethesda, Maryland, Centrus continues to support the transition towards cleaner energy alternatives and remains a key player in the evolving landscape of global energy production.
Official SEC Documents
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