Perma-Fix Environmental Services (PESI) Registration Filing summary

Company overview and business model

• Provides waste treatment, processing, and disposal services for nuclear, radioactive, mixed, hazardous, and non-hazardous waste through four licensed facilities.

• Engages in R&D to develop innovative waste processing techniques and offers technical and on-site waste management services to commercial and government clients.

• Operates two segments: treatment (48.5% of 2023 revenue) and services (51.5%), with a focus on facility upgrades, business development, and market expansion.

• Serves U.S. and international customers, including research institutions, utilities, and government agencies such as the DOE and DOD.

• Strategy emphasizes expanding into commercial and international markets and developing new services and customers.

Financial performance and metrics

• Incorporated by reference are the Annual Report on Form 10-K for 2023 and Quarterly Reports on Form 10-Q for the first three quarters of 2024.

• SEC filings include audited financial statements and current reports, accessible via the SEC and company website.

Use of proceeds and capital allocation

• Net proceeds will be used for general corporate purposes, including working capital, debt repayment, capital expenditures, R&D, and acquisitions, subject to secured creditor consent.

• Allocation and timing of proceeds will depend on funding needs and capital availability; specifics to be detailed in future prospectus supplements.