Standard Nuclear launches its initial public offering, offering 18.25M shares priced between $18 and $21 each.
Standard Nuclear (STDN) has launched its initial public offering of 18.25 million Class A common shares, with underwriters granted a 30-day option to purchase up to an additional 2.74 million shares. The shares are expected to price between $18 and $21 each.
The offering is led by joint book-running managers BofA Securities and Goldman Sachs. The IPO marks the company’s entry into public markets, though no prior trading data or consensus estimates are available for comparison.
No immediate market reaction has been reported following the announcement.