X-Energy, Inc.

424B4 priced

Price $23.00 · 44,254,659 shares · Gross proceeds $1,017,857,157

X-Energy, Inc. is conducting an initial public offering (IPO) of 44,254,659 shares of Class A common stock at $23.00 per share, with an expected listing on Nasdaq under the symbol 'XE.' The company will adopt an umbrella partnership-C-corporation (Up-C) structure, owning 69.7% of X-Energy Reactor Company, LLC (XERC). A Tax Receivable Agreement (TRA) is included, obligating significant future cash payments to TRA Holders, which may reduce available cash for reinvestment. The company is an emerging growth company, leveraging reduced disclosure requirements for financial statements and executive compensation.

CERT inactive

X-Energy, Inc. filed a CERT form on 2026-04-24, following a previous 8-A12B filing. The current filing likely relates to the registration of Class A common stock for trading on Nasdaq, consistent with prior disclosures. No new details about the offering structure, financials, or business operations are explicitly provided in the text.

8-A12B effective

X-Energy, Inc. filed Form 8-A12B to register Class A common stock for listing on The Nasdaq Stock Market LLC. The filing incorporates by reference the securities description from the previously effective S-1 registration statement (File No. 333-294508), which was declared effective on April 23, 2026. No exhibits are required as the registration does not involve Section 12(g) securities.

EFFECT effective

X-Energy, Inc. has become effective for its initial public offering (IPO) of 42,857,143 shares of Class A common stock, with an expected price range of $16.00 to $19.00 per share. The company will list on Nasdaq under the symbol 'XE' and adopt an umbrella partnership-C-corporation (Up-C) structure, owning 66.8% of X-Energy Reactor Company, LLC (XERC). A Tax Receivable Agreement (TRA) with XERC and TRA Holders outlines significant future cash payments to unitholders, potentially reducing available cash for reinvestment. The company is an emerging growth company with reduced disclosure obligations.

S-1/A amended

Range $16.00 to $19.00 · 42,857,143 shares

X-Energy, Inc. is conducting an initial public offering (IPO) of 42,857,143 shares of Class A common stock, with an expected price range of $16.00 to $19.00 per share. The company will transition to an umbrella partnership-C-corporation (Up-C) structure, owning 66.8% of X-Energy Reactor Company, LLC (XERC). A Tax Receivable Agreement (TRA) with XERC and TRA Holders outlines substantial future cash payments, which could impact available capital. The IPO aims to list on Nasdaq under the symbol 'XE'.

S-1/A amended

Range $16.00 to $19.00 · 42,857,143 shares

X-Energy, Inc. is conducting its initial public offering (IPO) of 42,857,143 shares of Class A common stock at an expected price range of $16.00 to $19.00 per share. The company will operate through its subsidiary XERC under an Up-C structure, with a Tax Receivable Agreement (TRA) outlining significant future cash payments to TRA Holders. The offering includes underwriter options for additional shares and is set to list on Nasdaq under 'XE'. The company is an emerging growth company with reduced disclosure obligations.

S-1/A amended

X-Energy, Inc. is conducting its initial public offering (IPO) of Class A common stock, aiming to list on Nasdaq under the symbol 'XE'. The company will operate through its subsidiary XERC under an Up-C structure, with a focus on nuclear energy. The IPO includes a Tax Receivable Agreement (TRA) that could result in significant future cash payments to TRA Holders, impacting available capital. The company is an emerging growth company with reduced disclosure requirements.

S-1/A amended

X-Energy, Inc. is conducting its initial public offering (IPO) of Class A common stock, aiming to list on Nasdaq under the symbol 'XE'. The company will transition to an umbrella partnership-C-corporation (Up-C) structure, owning a majority stake in X-Energy Reactor Company, LLC (XERC). The offering includes a Tax Receivable Agreement (TRA) obligating significant future cash payments to TRA Holders, which could impact liquidity. The company is an emerging growth company, leveraging reduced disclosure requirements.

S-1 filed

X-Energy, Inc. is conducting its initial public offering (IPO) of Class A common stock, aiming to list on Nasdaq under the symbol 'XE'. The company will adopt an umbrella partnership-C-corporation (Up-C) structure, with its principal asset being a majority stake in X-Energy Reactor Company, LLC (XERC). The offering includes shares of Class A common stock, with proceeds intended for general corporate purposes. The company has also disclosed a Tax Receivable Agreement (TRA) that could result in significant cash payments to TRA Holders, impacting available funds.

DRS/A amended

X-Energy, Inc. is conducting its initial public offering (IPO) of Class A common stock, with shares to be listed on Nasdaq under the symbol 'XE'. The company will operate as a holding company within an umbrella partnership-C-corporation (Up-C) structure, owning a significant stake in X-Energy Reactor Company, LLC (XERC). The offering includes shares from both the company and selling stockholders, with no proceeds to X-Energy from the latter. A Tax Receivable Agreement (TRA) with XERC and TRA Holders outlines substantial future cash payments, impacting available capital. The company is an emerging growth company, leveraging reduced disclosure requirements.

DRS/A amended

X-Energy, Inc. has filed a Form S-1 registration statement for its initial public offering (IPO) of Class A common stock. The offering includes shares from the company and selling stockholders, with an expected price range of $X to $Y per share. The company plans to list on Nasdaq under the symbol 'XE'. Following the IPO, X-Energy will adopt an Up-C structure, owning a majority stake in XERC, with two classes of common stock (Class A and Class B) having different voting and economic rights. The filing includes details about the underwriters, legal counsel, and a Tax Receivable Agreement (TRA) with potential significant cash payment obligations.

DRS filed

X-Energy, Inc. is conducting its initial public offering (IPO) of Class A common stock, with no prior public market for its shares. The company plans to list on the [exchange] under the symbol 'XE'. The offering includes shares from the company and selling stockholders, with no proceeds to X-Energy from the latter. The filing indicates a dual-class share structure, with Class A (voting rights) and Class B (non-voting rights) shares. As an emerging growth company, X-Energy benefits from reduced disclosure requirements under federal securities laws.