InvestmentApr 29, 2026, 05:12 PM
NCLA Files F-1/A for IPO of 5.56M Common Shares at $8.00-$10.00
AI Summary
Nuclea Energy Inc. filed an F-1/A registration statement for its initial public offering of 5,555,556 Common Shares, with an estimated price range of US$8.00 to US$10.00 per share, aiming to raise approximately US$50 million in gross proceeds. Concurrently, selling shareholders are offering 2,817,294 Common Shares in a separate resale offering, from which the company will not receive any proceeds. Nuclea, a pre-revenue, development-stage company focused on microreactor technology, also disclosed an exclusivity agreement to acquire certain distressed assets from Moltex Energy Limited for approximately US$8.5 million, with due diligence ongoing.
Key Highlights
- Public offering of 5,555,556 Common Shares at US$8.00-US$10.00 per share.
- Expected gross proceeds to Nuclea Energy Inc. of US$50,000,004 at midpoint price.
- Resale offering of 2,817,294 Common Shares by selling shareholders; no proceeds to company.
- Company plans to list shares on NYSE under the symbol "NCLA".
- Underwriting discounts total US$3,500,000 (6%) plus US$1,000,000 in cash expenses.
- Entered exclusivity to acquire Moltex Energy Limited assets for £6,183,793 (approx. US$8.5M).
- Paid non-refundable exclusivity fee of £268,861 (approx. US$368,000) for Moltex assets.
- Reported net loss of $1,945,868 for the six months ended December 31, 2025.