Centrus Energy Corp. priced an underwritten public offering of 500,000 shares of Class A common stock, pre-funded warrants for 2,005,513 shares and common warrants for up to 6,992,382 shares. The combined price is $199.64 per share and accompanying common warrants, or $199.54 per pre-funded warrant and accompanying common warrants. Gross proceeds are expected to be approximately $500 million before underwriting discounts and expenses, excluding any proceeds from common-warrant exercises. The closing is expected on or about September 11, 2026, subject to customary conditions. Centrus intends to use net proceeds for working capital and corporate purposes, including technology development, debt repayment or repurchase, capital expenditures, potential acquisitions and other opportunities. Guggenheim Securities is lead book-running manager and Barclays is a book-running manager. The company also disclosed risks tied to customer negotiations, government funding and demand, geopolitical conflicts, uranium-market conditions, competition and planned expansion projects.