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XE News

Renaissance Capital’s April IPO Market Update

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Thirteen IPOs raised a combined $7.3 billion in April, joined by two direct listings. While surging volatility in March weighed on new issuance early on, activity ended in line with April’s 10-year historical average by deal count (15) but well above by...read more

US IPO Weekly Recap: Nuclear tech, critical materials, and more in a 4 IPO week

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Four IPOs priced this past week, featuring nuclear tech, critical materials, real estate, and convenience stores. SMR developer X-Energy (XE) upsized and priced well above the range to raise $1.0 billion at a $9.5 billion market cap, the first advanced...read more

Small modular reactor developer X-Energy prices upsized IPO at $23, above the range

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X-Energy, which develops small modular reactors and produces nuclear fuel, raised $1.0 billion by offering 44.3 million shares at $23, above the $16 to $19 range. The company offered 1.4 million more shares than anticipated. ARK Investment Management had...read more

US IPO Week Ahead: Nuclear reactor developer and convenience store chain among 4 sizable IPOs set to list

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Four sizable IPOs are currently scheduled in the week ahead, and some smaller issuers may join the calendar throughout the week. Small modular reactor developer X-Energy (XE) is set to raise $750 million at a $7.1 billion market cap. X-Energy designs...read more