April 15 (Reuters) - Amazon ( AMZN )-backed X-Energy said on Wednesday it was targeting a valuation of up to $7.51 billion in its initial public offering in the United States.
The Maryland-based nuclear reactor developer is seeking up to $814.3 million by offering roughly 42.9 million shares priced between $16 and $19 apiece.
J.P.Morgan, Morgan Stanley, Jefferies, Moelis & Co, Cantor Fitzgerald, Guggenheim Securities, Nomura Securities and TD Securities are among the underwriters for the IPO.
It will list its Class A common stock on the Nasdaq under the symbol "XE".