Roth Capital Partners acts as Sole Book-Running Manager
for Centrus Energy Corp. (NYSE American: LEU)
in its $23.5 Million Follow-On

   

For more information please contact:

Investment Banking
Robert Stephenson
Managing Director
(949) 720-5750
rstephenson@roth.com


Brian Kremer
Managing Director
(949) 720-5726
bkremer@roth.com

Jesse Pichel
Managing Director
(646) 358-1919
jpichel@roth.com

Equity Capital Markets
Aaron Gurewitz
Head of Equity
Capital Markets
(949) 720-5703
agurewitz@roth.com
 
Nazan Akdeniz
Senior Vice President
(949) 720-5740
nakdeniz@roth.com
 
Lou Ellis
Senior Vice President
(949) 720-5739
lellis@roth.com

Transaction Information
Centrus Energy Corp. (NYSE American: LEU) has closed an underwritten public offering of 2,350,000 shares of its Class A Common Stock. The shares were sold at the public offering price of $10.00 per share of Class A Common Stock, resulting in gross proceeds of approximately $23.5 million. In addition, Centrus Energy has granted the underwriters a 30-day option to purchase up to an additional 352,500 shares of Class A Common Stock at the public offering price.

Centrus plans to use the proceeds of the offering for general working capital purposes, to invest in technology development, and to repay outstanding debt or retire shares of its Series B Senior Preferred Stock.

Roth Capital Partners acted as sole book-running manager for the offering.

About Centrus Energy Corp.
Centrus is a trusted supplier of nuclear fuel and services for the nuclear power industry. Centrus provides value to its utility customers through the reliability and diversity of its supply sources helping them meet the growing need for clean, affordable, carbon-free electricity. Since 1998, the Company has provided its utility customers with more than 1,750 reactor years of fuel, which is equivalent to 7 billion tons of coal.

With world-class technical capabilities, Centrus offers turnkey engineering and advanced manufacturing solutions to its customers. The Company is also advancing the next generation of centrifuge technologies so that America can restore its domestic uranium enrichment capability in the future. For more information, please visit www.centrusenergy.com.
(Source: Company Press Release | 08.25.20)

About Roth Capital Partners
Roth Capital Partners, LLC (ROTH), is a relationship-driven investment bank focused on serving emerging growth companies and their investors. As a full-service investment bank, ROTH provides capital raising, M&A advisory, analytical research, trading, market-making services and corporate access. Headquartered in Newport Beach, CA, ROTH is privately-held and employee owned, and maintains offices throughout the U.S. For more information on ROTH, please visit www.roth.com.

Date of Announcement: 09.03.20

The material, information and  facts discussed in this announcement other than the information regarding Roth Capital Partners, LLC ("ROTH") and its affiliates, are from sources believed to be reliable, but are in no way guaranteed to be complete or accurate. This announcement should not be used as a complete analysis of any companies, securities or topics discussed herein. Additional information is available upon request. This is not, however, an offer or solicitation of the securities discussed. Any opinions or estimates in this announcement are subject to change without notice. An investment in any security based on this announcement may involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Additionally, such investments may involve a high degree of risk and may not be suitable for all investors. No part of this announcement may be reproduced in any form without the express written permission of ROTH. Copyright 2020.