Nuclear fuel company Standard Nuclear is seeking a valuation of up to $3.55 billion through its upcoming initial public offering (IPO) in the United States. The company plans to raise as much as $383.25 million by offering 18.25 million shares priced between $18 and $21 each, according to details released on Tuesday.
The IPO comes as the U.S. public markets continue to recover, supported by easing geopolitical tensions, resilient equity markets, and strong investor demand. Standard Nuclear specializes in advanced nuclear fuel and radioisotope power systems, with a focus on expanding domestic manufacturing capacity to strengthen U.S. energy security.
The company intends to list on the New York Stock Exchange (NYSE) under the ticker symbol “STDN.” The offering is being underwritten by BofA Securities, Goldman Sachs, Barclays, and UBS Investment Bank, reflecting strong backing from leading global financial institutions.
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