NScale has announced its intention to conduct an initial public offering (IPO) of its ordinary shares. The company plans to list its stock on the New York Stock Exchange under the ticker symbol 'NSCL.'
The offering is being led by a group of major investment banks, including Goldman Sachs, J.P. Morgan, and Morgan Stanley, who will serve as the lead bookrunners.
In the filing, NScale disclosed its financial performance for the six-month periods ending June 30, 2026 and 2025. The company reported revenues of $140.6 million for the six months ended June 30, 2026, and $10.4 million for the six months ended June 30, 2025.
Regarding capital returns, the company stated that it does not anticipate paying any cash dividends on its ordinary shares in the foreseeable future.
As of August 31, NScale reported approximately $2.6 billion in active transactions and $103.4 billion in active and contracted total contract value (TCV) under long-term take-or-pay contracts with customers.
