#United States #Public Offering #Corpus Christi #Uranium Energy #UEC

Uranium Energy Corp Public Offering Overview

Uranium Energy Corp (UEC) has officially revealed the pricing details for its recent public stock offering. The company, one of the leading suppliers of uranium in the United States, plans to sell 15,500,000 shares at a fixed price of $13.15 each. This strategic move is expected to significantly bolster its financial positioning as it embarks on ambitious development projects aimed at enhancing uranium refining capabilities.

The completion of this offering is anticipated on October 6, 2025, pending the fulfillment of customary closing conditions. To add flexibility to the offering, UEC has extended a 30-day option for the underwriters to purchase an additional 2,325,000 shares. This provision underscores the company’s robust strategy to align its capital initiatives with future growth prospects.

Purpose of the Proceeds

A principal component of the funds raised through this offering is aimed at advancing a cutting-edge uranium refining and conversion facility under its subsidiary, United States Uranium Refining Conversion Corp (URC). This facility is envisioned as a state-of-the-art operation, securing UEC's position in the burgeoning sector and catering to the increasing demand for clean energy solutions. Additionally, some of the funds will be directed towards general corporate purposes and working capital needs, ensuring flexibility and operational sustainability in their projects.

Financial Backing and Compliance

Goldman Sachs & Co. LLC has been appointed as the sole underwriter for this offering, bringing their extensive market experience to ensure successful execution. UEC has also filed a registration statement that became effective on November 16, 2022, complying with the U.S. Securities and Exchange Commission (SEC) regulations. Interested investors are encouraged to review the prospectus and related documents to gain a comprehensive understanding of the offering and UEC's business model.

The registration statement and accompanying documents are accessible for free on the SEC’s EDGAR database, reinforcing UEC’s commitment to transparency and regulatory adherence.

About Uranium Energy Corp

Uranium Energy Corp stands at the forefront of the U.S. uranium market, recognized as the nation's largest and fastest-growing supplier of uranium which is pivotal for producing safe and reliable nuclear energy. UEC leverages innovative in-situ recovery (ISR) mining technologies to provide environmentally friendly and cost-effective solutions. Highlighting their operational capacity are the three ISR hub-and-spoke platforms established in South Texas and Wyoming. Not only does UEC focus on direct uranium production, but it boasts a diverse portfolio including significant physical uranium holdings and stakes in related ventures.

In August 2024, UEC rescaled operations at its Christensen Ranch Project in Wyoming, showcasing their commitment to advancing uranium projects strategically and responsibly.

Industry Outlook

As the demand for nuclear energy continues to rise in the context of global energy transitions, the proactive steps taken by Uranium Energy Corp position it favorably within the market. Their URC initiative particularly reflects a commitment to developing vertically integrated operations, thus setting the stage for higher efficiency and value extraction in the uranium lifecycle.

Uranium Energy Corp remains dedicated to providing not just uranium supply but also innovative solutions that align with environmental sustainability goals. This public offering marks yet another step in their ongoing journey to establish a leadership role in the evolution of the nuclear energy sector.