X-Energy Inc., an Amazon-backed nuclear SMR developer, plans to price its IPO above the $16‑$19 range on Thursday.
The offering is double-digit oversubscribed, with strong demand from long-only, energy-focused and existing investors.
Management will allocate shares, prioritising existing relationships, and the company will list on Nasdaq under ticker XE.
JPMorgan Chase, Morgan Stanley, Jefferies Financial Group and Moelis & Co. are acting as lead underwriters.