Corporate ActionApr 29, 2026, 05:12 PM
NCLA Files F-1/A for IPO of 5.56M Shares at US$8-10; Resale of 2.82M Shares
AI Summary
Nuclea Energy Inc. filed an F-1/A for its initial public offering of 5,555,556 Common Shares, expected to price between US$8.00 and US$10.00 per share, aiming to raise approximately US$50 million before expenses. Concurrently, selling shareholders are offering 2,817,294 Common Shares in a separate resale. The company, a pre-revenue development-stage firm focused on its Morpheus Microreactor, reported a net loss of US$1,945,868 for the six months ended December 31, 2025, and is pursuing the acquisition of Moltex Energy Limited assets for approximately US$8.5 million.
Key Highlights
- Initial public offering of 5,555,556 Common Shares at US$8.00-US$10.00 per share.
- Expected gross proceeds of US$50,000,004 from IPO (at midpoint US$9.00).
- Selling shareholders offering 2,817,294 Common Shares in a separate resale.
- Exclusivity agreement to acquire Moltex Energy assets for approximately US$8.5 million.
- Net loss of US$1,945,868 for six months ended December 31, 2025.
- Cash balance of US$3,230,952 as of December 31, 2025.
- Estimated US$100 million capital needed for development, demonstration, and licensing through 2028.