BETHESDA, Md., June 18, 2026 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) (the "Company") announced today that after obtaining the approval of stockholders at its 2026 annual meeting, held on June 18, 2026, it had entered into the seventh amendment to the Company's Section 382 Rights Agreement (the "Rights Plan") designed to preserve the Company's substantial tax assets associated with net operating loss carryforwards ("NOLs") under Section 382 of the Internal Revenue Code ("Section 382"). The seventh amendment extends the Rights Plan through June 30, 2029. The Rights Plan is similar to plans adopted by other public companies with significant NOLs.
One of the first large-scale commercial high-assay low-enriched uranium (HALEU) supply agreements that could include prepayments from Oklo.Centrus to provide Oklo with enough HALEU to support multiple years of Oklo reactor cores, covering up to five Aurora powerhouses as part of Oklo's planned 1.2 GW Clean Energy Campus.Oklo and Kiewit Nuclear Solutions Co. ("Kiewit") have entered into an MOU intended to support engineering, procurement, and construction planning for the initial planned Aurora powerhouse deployments in southern Ohio.Work expected to bring multi-billion-dollar private clean energy investment and hundreds of jobs to southern Ohio.
