Holtec Nuclear to Launch IPO on September 18, Targeting $900 Million Raise
Holtec Nuclear is set to debut on the Nasdaq Global Select Market and Nasdaq Texas under the ticker symbol HNUC on September 18. The company plans to offer up to 50 million shares at a price range of $15–$18 per share, potentially raising as much as $900 million and valuing it at approximately $10.2 billion. Underwriters include major banks like J.P. Morgan, Goldman Sachs, Citigroup, and others. Holtec is a global nuclear technology company founded in 1986 by Dr. Krishna P. Singh. It provides comprehensive solutions across the nuclear power plant lifecycle and holds over 200 patents globally as of June 30. The firm serves more than 150 commercial reactors worldwide, with significant market shares in spent fuel storage technologies. The IPO comes amid growing investor interest in clean energy infrastructure driven by rising electricity demand from data centers.
Topics: Holtec Nuclear IPO nuclear energy stock market