Standard Nuclear's CEO on pushing ahead with downsized IPO

Standard Nuclear CEO Kurt Terrani tells Axios Pro that the company's IPO goal was to become a public company, not raise a specific dollar amount.

• "We didn't have a gun to our head to go public," he says. "We're very pleased with the outcome, and for our long-term strategy, this is really nice muscle."

Driving the news: The startup, which makes advanced fuels for the next generation of nuclear reactors, raised $150 million in a downsized IPO. Shares priced at $15 and closed at $12.30.