Rockville-based X-energy is taking steps to go public. The company, located at 530 Gaither Rd., announced it has filed paperwork with the U.S. Securities and Exchange Commission for a proposed initial public offering, or IPO. X-energy plans to list its stock on the Nasdaq under the ticker symbol “XE.”
Details like how many shares will be offered and the price have not yet been determined. The IPO is still subject to SEC review and market conditions, meaning there’s no set timeline yet for when shares would begin trading.
X-energy focuses on developing advanced nuclear technology, including small modular reactors and specialized fuel designed to provide cleaner and more efficient energy. If the IPO moves forward, it would mark a significant milestone for the Rockville-based company as it looks to expand its role in the growing clean energy sector.
