Holtec is aiming for a $15 to $18 price range. If it prices at the top, the math in its filing implies a market value near $10.2 billion based on the stated outstanding shares. The underwriting lineup includes JPMorgan Chase & Co., Guggenheim Securities, Goldman Sachs Group Inc., Citigroup Inc. and Bank of America Corp.
The company produces storage containers made of steel and concrete for nuclear waste and serves as the leading US firm handling the decommissioning of shut-down reactors; its portfolio includes Indian Point, just north of New York City. The company is also advancing its own reactor technology. Its small modular reactor program won a $400 million US Department of Energy grant in December, and the goal is to have units operating in the early 2030s.
Nuclear is back in the conversation as AI data centers search for more dependable power. But small modular reactors are not yet on the US market, and investor patience is getting tested. Standard Nuclear Inc., which listed in July, slipped on day one even after trimming its IPO size. X-Energy Inc., public since April, is trading below its offering price.
New opportunities can be exciting, but steady planning keeps your savings on track. Join Briefs Finance CEO Jaspreet Singh on September 29th for a FREE live investor workshop, How to Profit From A Dollar That's Losing its Value, where he shows how we're spotting investment opportunities as the dollar falls. Save your spot.
If it prices, HNUC would be a pure-play window into nuclear waste storage, decommissioning work and the long build toward modular reactors. The current scorecard is solid - $205.6 million in first-half profit on $269.9 million in revenue - but the longer term swings with how fast SMRs move from grants to grid connections.
Thoughtful strategies help protect your gains and position you for future growth. Our CEO Jaspreet Singh is hosting a FREE live investor workshop, How to Profit From A Dollar That's Losing its Value, on September 29th. Sign up free to join him live.
