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X-energy IPO raises $1 billion on Nasdaq debut [Yahoo! Finance]
Last ares management corporation class a earnings: 2/13 06:00 am
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US:NYSE Investor Relations: ares-ir.com
A total of 44,254,659 shares of Class A common stock were sold. The Rockville, Maryland-based company began trading on the Nasdaq Global Select Market on April 24 under the ticker symbol "XE." The offering is expected to close April 27, subject to customary closing conditions. At the IPO price, X-energy has a market value of $9.1 billion based on outstanding shares listed in its filings, according to Bloomberg X-energy develops small modular reactors and manufactures fuel for advanced nuclear systems. The Xe-100 is cooled by helium rather than the water used in conventional reactor designs, according to Reuters . The company has agreements in place with Dow, Amazon, and Centrica, and aims to make its first reactor delivery by the early 2030s, according to Bloomberg. In 2024, X-energy received roughly $500 million from Amazon to accelerate deployment of its small modular reactor technology, according to Reuters. According to Bloomberg, Ares Management affiliates own 26% of the
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NEWS
- Nuclear reactor company X-energy shares surge 26% as AI drives interest in its IPO [MSNBC.com][MSNBC.com]
- Nuclear reactor maker X-Energy valued at US$11.9 billion in stellar Nasdaq debut [BNN Bloomberg (Canada)][BNN Bloomberg]
- Nuclear reactor company X-energy begins trading as AI drives interest in the industry [CNBC][CNBC]
- Market Chatter: Amazon, Ares Set for Big Windfall From X-Energy IPO [Yahoo! Finance][Yahoo! Finance]
- Helix, Hornbeck sign all-stock deal to form integrated offshore group [Yahoo! Finance][Yahoo! Finance]
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ARES
SEC Filings
SEC Filings
- 2/25/26 - Form S-3ASR
- 2/25/26 - Form 10-K
- 2/24/26 - Form 4
- ARES's page on the SEC website
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