Company: LEU
Filing Date: 2025-05-09
Form Type: 424B5
Source: 0001104659-25-046715
Chunk: 31

Company: CENTRUS ENERGY CORP
Filing Date: 2025-05-09
Form: 424B5
Chunk 31
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 results of operations
and prospects, and could result in a partial or complete loss of your investment. Additional risks and uncertainties not presently known
to us, or that we currently deem immaterial, may also adversely affect our business. In addition, past financial performance may not
be a reliable indicator of future performance and historical trends should not be used to anticipate results or trends in future periods.

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Use Of Proceeds</div>

We will retain broad discretion
over the use of the net proceeds from the sale of the securities offered hereby. Unless otherwise specified in any prospectus supplement,
we currently intend to use the net proceeds from the sale of our securities offered under this prospectus for working capital and general
corporate purposes including, but not limited to, capital expenditures, working capital, repayment of indebtedness, potential acquisitions
and other business opportunities. Pending any specific application, we may initially invest funds in short-term marketable securities
or apply them to the reduction of indebtedness.

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Description Of Capital Stock</div>

The authorized capital stock
of Centrus Energy Corp. consists of (a) 100,000,000 shares of common stock, par value $0.10 per share, of which 70,000,000 shares
are classified as Class A Common Stock, and 30,000,000 shares are classified as Class B Common Stock, and (b) 20,000,000
shares of preferred stock, par value $1.00 per share, of which 2,000,000 shares have been designated Series A Participating Cumulative
Preferred Stock, and 0 shares of which have been designated Series B Senior Preferred Stock. The Class A Common Stock is registered
pursuant to Section 12 of the Securities Exchange Act of 1934, as amended, and trades on the NYSE American platform under the symbol
“LEU.”

The following description
of the terms of our securities is not complete and is qualified in its entirety by reference to the Company’s Amended and Restated
Certificate of Incorporation (the “Certificate of Incorporation”), the Company’s Third Amended and Restated Bylaws
(the “Bylaws”), and the Rights Agreement (as defined below), all of which are exhibits to our Annual Report on Form 10-K.

Class A Common Stock

The holders of Class A
Common Stock are entitled to one vote for each outstanding share of Class A Common Stock owned by that stockholder on every