Centrus Energy prices $500 million stock and warrant offering at $199.64 per share
On September 9, 2026, Centrus Energy priced an underwritten offering of Class A common stock, pre-funded warrants and common warrants, with gross proceeds expected to be about $500 million before underwriting discount and expenses. Closing is expected on or about September 11, 2026, and the company said proceeds may fund working capital, technology, debt repayment, capital expenditures and acquisitions. The filing also discloses advanced talks on a potential acquisition of a domestic manufacturing supplier for about $115 million to $125 million, but no definitive agreement has been signed, and the new warrants could dilute existing shareholders if exercised.
Key points
- Offering of 500,000 Class A shares, pre-funded warrants for 2,005,513 shares and common warrants for up to 6,992,382 shares, priced at a combined $199.64 per share
- Gross proceeds expected to be about $500 million, before underwriting discount and other offering expenses; closing expected on or about September 11, 2026
- Common warrants have four exercise price series from $226.8625 to $362.9800 per share
- Company is in advanced discussions on a potential acquisition priced at about $115 million to $125 million; target generated about $160 million of revenue in 2025, and no definitive agreement has been signed
The filing
Written by AI on Nov 8, 2026, 6:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 11, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.