Holtec Nuclear targets $10.2 billion valuation in US IPO as fall window kicks off

Holtec plans to raise up to $900M valuing it at over $10B

The company's capex is soaring as it restarts Palisades and builds SMRs.

Holtec Nuclear targets $10.2 billion valuation in US IPO as fall window kicks off

Sept 8 (Reuters) – Holtec is targeting a valuation of up to $10.2 billion in its U.S. initial public offering, the nuclear technology company said on Tuesday, as Wall Street ​kicks off its post-Labor Day dealmaking stretch. The Camden, New ‌Jersey-based company is seeking up to $900 million by offering 50 million shares priced between $15 and $18 apiece. The fall is traditionally one of the busiest stretches for new deals, as markets shake off t…

Palisades owner Holtec International announces IPO

Holtec International, the owner of the Palisades Nuclear Power Plant in Covert, is going public. The company has announced the launch its proposed initial public offering as Holtec Nuclear Corporation, putting up 50,000,000 shares of its Class

Holtec IPO Targets $10.2 Billion—but New Buyers Get Just 1% of the Vote

Holtec Nuclear’s proposed initial public offering would value the company at $8.5 billion to $10.2 billion, but the more consequential number for prospective buyers is 1%. That is the share of voting power the new Class A stock is expected to carry after the offering. The nuclear-technology company plans to sell 50 million shares at…

Holtec shoots for $10 billion-plus valuation in IPO announcement

(Page 1) Holtec is gearing up for a multi-billion-dollar valuation, announcing the launch of the roadshow for its initial public offering (IPO) in an amended

Holtec Nuclear Corporation Announces Launch of Initial Public Offering

Holtec Nuclear Corporation today announced the launch of the roadshow for its proposed initial public offering (the "proposed offering") of 50,000,000 shares of its Class A common stock.