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URANIUM ENERGY CORP ANNOUNCES FULL EXERCISE AND CLOSING OF OVER-ALLOTMENT OPTION FOR $30 MILLION IN PUBLIC OFFERING
Uranium Energy Corp. (NYSE American: UEC) (the "Company" or "UEC") announced today that, in furtherance of its previously announced public offering (the "Offering") of 15,500,000 shares of common stock (each, a "Share") at a price of $13.15 per Share, the underwriter has exercised its option to purchase an additional 2,325,000 Shares of its common stock for additional gross proceeds of $30,573,750.
About this update from Uranium Energy Corp.
[{"type":"text","content":"CORPUS CHRISTI, Texas, Oct. 9, 2025 /CNW/ - Uranium Energy Corp. (NYSE American: UEC) (the "Company" or "UEC") announced today that, in furtherance of its previously announced public offering (the "Offering") of 15,500,000 shares of common stock (each, a "Share") at a price of $13.15 per Share, the underwriter has exercised its option to purchase an additional 2,325,000 Shares of its common stock for additional gross proceeds of $30,573,750.","length":495,"tagName":"p"},{"type":"text","content":"The Company intends to use the net proceeds from the Offering to accelerate the development of a new, state-of-the-art American uranium refining and conversion facility through its wholly owned subsidiary, United States Uranium Refining & Conversion Corp. ("UR&C"), as well as for general corporate and working capital purposes.","length":346,"tagName":"p"},{"type":"text","content":"Goldman Sachs & Co. LLC acted as the sole underwriter for the Offering.","length":75,"tagName":"p"},{"type":"text","content":"The Company has filed a registration statement (including a prospectus) with the U.S. Securities and Exchange Commission ("SEC") which became automatically effective upon filing on November 16, 2022. The Offering was made solely by means of a prospectus and a prospectus supplement that form a part of the registration statement. Copies of the final prospectus supplement and accompanying prospectus relating to the Offering may be obtained from Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, by telephone at 866-471-2526 or by email at [email protected].","length":630,"tagName":"p"},{"type":"text","content":"This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.","length":350,"tagName":"p"},{"type":"text","content":"About Uranium Energy Corp","length":35,"tagName":"p"},{"type":"text","content":"Uranium Energy Corp is America's largest and fastest growing supplier of uranium needed to produce sa...