Standard Nuclear $150 million IPO
We advised the underwriters on the IPO
Davis Polk advised the representatives of the several underwriters in connection with the initial public offering of 10,000,000 shares of Class A common stock of Standard Nuclear, Inc. The Class A common stock is listed on the New York Stock Exchange under the ticker symbol “STDN.”
Standard Nuclear’s mission is to deliver the essential building blocks of nuclear power at scale - enabling cost-effective, safe and secure energy. Supported by leading U.S. defense technology and critical infrastructure investment firms, Standard Nuclear is focused on the large-scale production of advanced nuclear fuel and radioisotope power systems. It is the only independent manufacturer in the United States of TRISO fuel - a robust, high-performance fuel essential to advanced nuclear reactors for terrestrial, national security and space applications.
The Davis Polk capital markets team included partners Derek Dostal and Yasin Keshvargar and associate Nicole Hylas. Partner Frank Azzopardi and associate Francesca Masella provided intellectual property advice. Counsel Ziyuan (Constance) Zhang and associates Jenna Battaglia and Georgianna Eck provided tax advice. Counsel David A. Zilberberg and associate Timothy J. Sullivan provided environmental advice. All members of the Davis Polk team are based in the New York office.