Centrus Prices $500M Offering at $199.64/Share with Warrants
LEU sits 22% above its 52-week low of $142.13.
Summary
Centrus priced its previously announced underwritten public offering at $199.64 per share with accompanying warrants, expecting gross proceeds of approximately $500 million. The offering includes 500,000 shares of Class A common stock, pre-funded warrants for 2,005,513 shares, and common warrants for up to 6,992,382 shares. The common warrants are issued in four series with exercise prices ranging from $226.8625 to $362.9800 per share. Closing is expected on or about Friday, September 11, 2026. This follows the announcement of the offering earlier today and provides the specific pricing and terms that investors need to evaluate the dilution and potential future capital inflows.
At the time of this announcement, LEU was trading at $174.00 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $3.6B. The 52-week trading range was $142.13 to $464.25. This news item was assessed with neutral market sentiment and an importance score of 8 out of 10. Source: PR Newswire.