BETHESDA, Md., Nov. 6, 2025/ PRNewswire/– Centrus Energy Corp. (NYSE: LEU) (” Centrus”) today revealed that it has actually participated in an at-the-market (” ATM”) equity offering sales contract (the “Sales Arrangement”), under which Centrus may, from time to time, deal and offer shares of its Class A typical stock (the “Class A Common Stock”) having an aggregate offering cost of as much as $ 1,000,000,000 (the “Shares”), through or to any of the sales representatives called therein.
Sales of Shares, if any, will be made at or associated to then-prevailing market value and, as an outcome, rates might differ. Centrus will set the criteria for the sale of Shares under the ATM program, consisting of the variety of shares to be released, the dates on which such sales are expected to be made, any restriction on the variety of Shares that might be offered in one trading day, any minimum cost listed below which sales might not be made and any other sales criteria as Centrus considers proper. Centrus is not bound to offer any Shares under the ATM program, however if sales are made, Centrus anticipates to utilize any earnings therefrom for basic working capital and business functions, which might consist of financial investment in innovation advancement or implementation, payment or repurchase of arrearage, capital investment, prospective acquisitions and other organization chances and functions.
Barclays, Citi, UBS Financial Investment Bank and Evercore ISI are acting as lead sales representatives and B. Riley Securities, Guggenheim Securities, MUFG, William Blair, Lake Street and Northland Capital Markets are acting as extra sales representatives (jointly, the “Sales Agents”).
Under the Sales Arrangement, the Sales Representatives might offer the Shares, utilizing commercially sensible efforts constant with their regular trading and sale practices, by any approach that is considered to be an “at the marketplace offering” as specified in Guideline 415 promoted under the Securities Act of 1933, as modified, consisting of however not restricted to sales made through NYSE American LLC or any other trading market for the Class A Common Stock.
The Sales Arrangement will end upon the earlier of (i) the sale of all Shares based on the Sales Arrangement and (ii) termination of the Sales Arrangement in accordance with the terms state therein.
Any Shares to be provided and offered under the Sales Arrangement will be released pursuant to Centrus’ Registration Declaration on Type S-3ASR (File No. 333-291305), which was submitted with the Securities and Exchange Commission (” SEC”) on November 6, 2025 and ended up being instantly reliable upon submitting pursuant to Guideline 462( e) under the Securities Act of 1933, as modified, and a prospectus supplement, dated November 6, 2025, submitted with the SEC pursuant to Guideline 424( b) under the Securities Act in connection with the offering. Any deal, solicitation or sale will be made just by ways of the prospectus supplement and the accompanying prospectus. Present and prospective financiers ought to check out the Registration Declaration, the prospectus supplement connecting to the ATM program and other files that Centrus has actually submitted with the SEC for more total details about Centrus and the ATM program, which might be gotten complimentary of charge at the site preserved by the SEC at www.sec.gov Copies of the prospectus supplement might be gotten complimentary of charge from Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Opportunity, Edgewood, NY 11717, by telephone at 1-888-603-5847, or by e-mail at barclaysprospectus@broadridge.com.
This news release does not make up a deal to offer or a solicitation of a deal to purchase, nor will there be any deal or sale of the Shares in any state or jurisdiction in which the deal, solicitation, or sale would be illegal previous to the registration or credentials thereof under the securities laws of any such state or jurisdiction.
About Centrus Energy Corp.
Centrus is a relied on provider of nuclear fuel elements for the nuclear power market. Centrus supplies worth to its energy clients through the dependability and variety of its supply sources– assisting them satisfy the growing requirement for tidy, inexpensive, carbon-free electrical energy. Because 1998, Centrus has actually supplied its energy clients with more than 1,850 reactor years of fuel, which is comparable to more than 7 billion lots of coal. With first-rate technical and engineering abilities, Centrus is pioneering production of High-Assay, Low-Enriched Uranium and is leading the effort to bring back America’s uranium enrichment abilities at scale to satisfy America’s tidy energy, energy security, and nationwide security requirements.
Forward Looking Declarations
This press release includes “positive declarations” within the significance of Area 21E of the Securities Exchange Act of 1934, as modified, and the Personal Securities Lawsuits Reform Act of 1995. In this context, positive declarations imply declarations associated to future occasions, which might affect our predicted future organization and monetary efficiency, and typically consist of words such as “anticipates”, “prepares for”, “plans”, “strategies”, “thinks”, “will”, “ought to”, “might”, “would” or “might” and other words of comparable significance. Declarations concerning our capability to effectively practiced offerings of our Class A Common Stock under the ATM program and the expected usage of the net earnings of such offerings, to name a few declarations connecting to the ATM program consisted of herein, are likewise positive declarations. These positive declarations are based upon details readily available to us since the date of this press release and represent management’s existing views and presumptions with regard to future occasions and functional, financial and monetary efficiency. Positive declarations are not warranties of future efficiency, occasions or outcomes and include recognized and unidentified threats, unpredictabilities and other aspects, which might be beyond our control.
For Centrus Energy Corp., specific aspects that include unpredictability and might trigger our real future outcomes to vary materially from those revealed in our positive declarations and which are, and might be, intensified by any worsening of the international organization and financial environment consist of however are not restricted to the following: geopolitical disputes, consisting of the war in Ukraine; market need and competitors; modifications in financial or market conditions; supply chain disturbances; the imposition of tariffs and/or sanctions that affect our capability to acquire, provide, transportation, or offer LEU or the SWU and natural uranium hexafluoride elements of LEU provided to us under the TENEX Supply Agreement or other supply agreements or make associated payments or shipments of natural uranium hexafluoride to TENEX; regulative approvals and compliance requirements; technological modifications; DOE procurement choices; U.S. federal government appropriations; federal government choices concerning our lease with the DOE in Piketon, Ohio, consisting of with regard to the term and the scope of allowed activities; our capability to bring in certified workers required for the prospective growth of our operations in Oak Ridge, Tennessee or Piketon, Ohio; our capability to perform our tactical efforts; and other threats gone over in this press release and in our filings with the SEC.
Readers are warned not to position unnecessary dependence on these positive declarations, which use just since the date of this press release. These aspects might not make up all aspects that might trigger real outcomes to vary from those gone over in any positive declaration. Appropriately, positive declarations ought to not be trusted as a predictor of real outcomes. Readers are advised to thoroughly evaluate and think about the different disclosures made in this press release and in our filings with the SEC, including our Yearly Report on Type 10-K for the year ended December 31, 2024, under Part II, Product 1A–” Danger Elements” in our Quarterly Report on Type 10-Q for the quarter ended September 30, 2025, and in other files we submit from time to time with the SEC that try to recommend interested celebrations of the threats and aspects that might impact our organization. We do not carry out to upgrade our positive declarations to show occasions or scenarios that might develop after the date of this press release, other than as needed by law.
Contacts:
Financiers: Neal Nagarajan at NagarajanNK@centrusenergy.com
Media: Dan Leistikow at LeistikowD@centrusenergy.com
SOURCE Centrus Energy Corp.