Nuclea Energy files for 5.56M share NYSE IPO at $8-$10/sh

Nuclea Energy Inc., a company incorporated under the laws of British Columbia, Canada, has filed for an initial public offering of 5,555,556 common shares, according to a registration statement.

The company estimates an initial public offering price between $8.00 and $10.00 per share, with a midpoint of $9.00. At that midpoint price, the offering would raise approximately $50 million.

Nuclea Energy plans to list its shares on the New York Stock Exchange (NYSE: NCLA). The company stated it will not close the offering unless the NYSE approves the shares for listing.

The registration statement also includes a resale prospectus under which existing selling shareholders are offering 2,817,294 common shares. Nuclea Energy stated it will not receive proceeds from the resale of those shares. No sales under the resale prospectus will occur until the company's shares begin trading on the NYSE.

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