Holtec Nuclear Corporation Announces Launch Of Initial Public Offering

(MENAFN- GlobeNewsWire - Nasdaq) CAMDEN, N.J., Sept. 08, 2026 (GLOBE NEWSWIRE) -- Holtec Nuclear Corporation ("Holtec" or the "Company") today announced the launch of the roadshow for its proposed initial public offering (the "proposed offering") of 50,000,000 shares of its Class A common stock. The Company expects the initial public offering price to be between $15.00 and $18.00 per share. In addition, Holtec expects to grant the underwriters a 30-day option to purchase up to an additional 7,500,000 shares of Class A common stock. Holtec intends to list its Class A common stock on The Nasdaq Global Select Stock Market and Nasdaq Texas, Inc. under the ticker symbol "HNUC."

J.P. Morgan, Guggenheim Securities, Goldman Sachs & Co. LLC, Citigroup and BofA Securities are acting as joint book-running managers and representatives of the underwriters for the proposed offering. Morgan Stanley, Cantor, BMO Capital Markets and Oppenheimer & Co. are also acting as joint book-running managers for the proposed offering.

The proposed offering of these securities will be made only by means of a prospectus that meets the requirements of Section 10 of the Securities Act of 1933, as amended. Copies of the preliminary prospectus relating to the proposed offering may be obtained from: J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 or by email at... and...; Guggenheim Securities, LLC, Attention: Equity Syndicate Department, 330 Madison Avenue, 8th Floor, New York, NY 10017, by telephone at (212) 518-9544, or by email at...; Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, by telephone at (866) 471-2526, or by email at...; Citigroup, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by telephone at 800-831-9146; BofA Securities, Attention: Prospectus Department, 201 North Tryon Street, Charlotte, NC 28255-0001, by email at....

A registration statement on Form S-1 relating to the proposed sale of these securities has been filed with the U.S. Securities and Exchange Commission but has not yet become effective. The securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended.

About Holtec Nuclear Corporation
Holtec is a U.S.-headquartered, multinational technology company focused on clean energy, with its principal business centered on nuclear power generation and an expanding presence in adjacent clean energy generation solutions and long-duration energy storage. The Company is the owner/developer of the SMR-300 advanced small modular reactor featuring passive safety systems and currently expects the first two units to be deployed at the Company-owned Palisades site in Michigan. Holtec is also recommissioning the Palisades nuclear power plant in Michigan, which would be the first commercial nuclear reactor in the United States to be repowered after permanent shutdown. Holtec is the NRC-authorized operator for the Palisades plant.

The Company owns over 200 granted patents as of June 30, 2026, supported by a collection of proprietary processes, internally developed software and proprietary technical reports, three large U.S.-based manufacturing facilities for nuclear fabrication and operates on five continents. The Company has provided products and services to a client base of more than 150 nuclear reactors worldwide. Holtec's technical capabilities include reactor design, reactor operations, engineering, licensing, manufacturing, construction, commissioning, and decommissioning services. As such, Holtec believes that it is well-positioned to help catalyze the growth of the nuclear power industry in the U.S. and around the world. The Company is also expanding its activities in solar energy and long-duration energy storage technologies intended to enhance renewable energy reliability and complement its SMR-300 product line.

Contact:
Patrick O'Brien, Director of Government Affairs and Communications
Phone: (508) 494-4254 | Email:...

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