Company: LEU
Filing Date: 2025-11-06
Form Type: 424B5
Source: 0001104659-25-107429
Chunk: 38

Company: CENTRUS ENERGY CORP
Filing Date: 2025-11-06
Form: 424B5
Chunk 38
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 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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<div align='center'>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. 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 matter
properly submitted to the stockholders for their vote, except for any amendment for the Certificate of Incorporation that relates solely
to the terms of one or more outstanding series of preferred stock or Class B Common Stock. Generally, all matters to be voted on
by stockholders, other than the election of directors, must be approved by a majority in voting power of the stock represented and entitled
to vote. However, questions governed expressly by provisions of the Certificate of Incorporation, bylaws, applicable stock exchange rules or
applicable law require approval as set forth in the applicable governing document, stock