Latham & Watkins Advises X‑energy on US$700 Million Oversubscribed Series D Financing

"Latham & Watkins LLP represented X‑Energy Reactor Company, LLC in an oversubscribed Series D financing of approximately US$700 million led by Jane Street, with new investors including ARK Invest, Galvanize, Hood River Capital, Point72, Reaves Asset Management and XTX Ventures, and continued participation from existing investors such as Ares Management funds, Corner Capital and Emerson Collective."

Latham & Watkins LLP represented X‑Energy Reactor Company, LLC (X‑energy) in its Series D financing. X‑Energy, a leader in advanced nuclear reactor and fuel technology, has closed an oversubscribed Series D financing round of approximately US$700 million. The financing was led by Jane Street and attracted new investors including ARK Invest, Galvanize, Hood River Capital Management, Point72, Reaves Asset Management, XTX Ventures and others, alongside continued participation from existing investors such as Ares Management funds, Corner Capital, Emerson Collective, NGP, Segra Capital Management and others. Latham & Watkins LLP represented X‑Energy Reactor Company, LLC (X‑energy) with a team composed by: John Slater (partner, Corporate; Houston/New York), Peter Sluka (partner, Corporate; New York), Paul Sheridan (partner, Corporate; Washington, D.C.), and associates Justin Reinking, Armaan Bhimani, Jennifer Pitsch Hayes and Iktae Park (corporate). Tax advice was provided by Tim Fenn (partner, Tax; Houston), Christine Mainguy (partner, Tax; Houston) and James Aldred (associate, Tax). Benefits matters were advised by Michelle Carpenter (partner, Benefits; Los Angeles/Orange County) with associate Aaron Tso (Benefits).

Latham & Watkins Advises X‑energy on US$700 Million Oversubscribed Series D Financing

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