Company: LEU
Filing Date: 2025-11-06
Form Type: 424B5
Source: 0001104659-25-107429
Chunk: 8

Company: CENTRUS ENERGY CORP
Filing Date: 2025-11-06
Form: 424B5
Chunk 8
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 and could limit the U.S. government’s      
 ability to make timely payments, including under Executive Order 14158, and our ability to    
 perform under our U.S. government contracts and successfully compete for work including under 
 the HALEU Operation Contract;                                                                 |

| · | risks                                                                                       
 related to changes to the U.S. government’s appropriated funding levels for HALEU Operation 
 Contract due to changes in U.S. government policy or other reasons;                         |

| · | risks                                                                                      
 related to uncertainty regarding our ability to commercially deploy competitive enrichment 
 technology;                                                                                |

| · | risks                                                                                       
 related to the potential for demobilization or termination of the HALEU Operation Contract; |

| · | risks                                                                                  
 that we will not be able to timely complete the work that we are obligated to perform; |

| · | risks                                                                                         
 related to the government’s inability to satisfy its obligations, including supplying         
 government furnished equipment necessary for us to produce and deliver HALEU under the HALEU  
 Operation Contract and processing security clearance applications resulting from a government 
 shutdown or other reasons;                                                                    |

| · | risks                                                                                
 related to our inability to obtain the government’s approval to extend the term of,  
 or the scope of permitted activities under, our lease with the DOE in Piketon, Ohio; |

| · | risks                                                                                            
 related to security, including cybersecurity, incidents that may impact our business operations, 
 including incidents that may relate to the ongoing conflict in the Middle East and other         
 regions of concern;                                                                              |

<div align='center'>S-vi</div>

| · | risks                                                                                               
 related to our inability to perform under fixed-price and cost-share contracts such as the          
 HALEU Operation Contract, including the risk that costs that we must incur could be higher          
 than expected and the risk related to complying with stringent government contractual requirements; 
 and                                                                                                 |

| · | risks                                                                                       
 related to our inability to attract qualified employees necessary for the planned expansion 
 of our operations in Oak Ridge, Tennessee or Piketon, Ohio.                                 |

Risks related to financial factors primarily
include:

| · | risks                                                                                        
 related to our long-term liabilities, including our defined benefit pension plan obligations 
 and postretirement health and life benefit obligations;                                      |

| · | risks                                                                                  
 related to our 0% and 2.25% Convertible Notes maturing in 2032 and 2030, respectively; |

| · | risks                                                                                      
 of revenue and operating results fluctuating significantly