Holtec Scraps $900M IPO As SMR Stocks NuScale Power (NYSE: SMR) and Oklo (NYSE: OKLO) Take a Hit From AI Data Center Selloff

Holtec Scraps $900M IPO As SMR Stocks NuScale Power (NYSE: SMR) and Oklo (NYSE: OKLO) Take a Hit From AI Data Center Selloff

Holtec’s chief executive officially pulled the company’s planned initial public offering on September 16, ending what would have been one of the largest nuclear energy market debuts of 2026. The Camden, New Jersey-based firm had been set to raise as much as $900 million, offering 50 million shares priced between $15 and $18 each, according […]

Holtec delays initial public offering

Holtec International, the owner of the Palisades Nuclear Power Plant in Covert, says it’s postponing its planned initial public offering because of unfavorable market conditions. The company announced this month it was going public, putting up 50

Holtec hits the pause button on IPO, partly due to data center backlash

(Page 1) After earlier reports from media outlets about Holtec suspending its initial public offering (IPO), the company officially said Thursday that it will

Huge nuclear energy initial public offering put on hold amid economic concerns

Holtec pulls IPO over “perfect storm” in AI sector, founder says One of the largest nuclear energy initial public offerings of the year hasbeen put on hold amid concerns about a slowdown in the economy and the AIsector. Kris Singh, Holtec International’s founder and chief executive,told the FT on Wednesday that the IPO had been […]

Holtec Nuclear Corporation Initial Public Offering Postponed

We would like to inform our customers, contractors, suppliers and other interested stakeholders that, following discussion with our banking syndicate, we have decided to postpone our initial public offering at this time.