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X-energy indicated to open at $35, IPO priced at $23

X-energy (XE) priced 44.25M shares at $23.00. The deal size was increased increased to 44.25M shares from 42.86M and priced above the $16.00-$19.00 target range. JPMorgan, Morgan Stanley, Jefferies and Moelis are acting as joint book running managers for the offering. X-Energy is a developer of advanced small modular nuclear reactors and fuel technology for clean energy generation.

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