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Deep Fission (Nasdaq:FISN), an advanced nuclear energy company developing underground small modular pressurized water reactors, closed a public offering of 2,500,000 shares at $16.00 per share, raising $40 million in gross proceeds.
The company granted underwriters a 30-day option for 375,000 additional shares and plans to use proceeds for working capital, R&D, licensing, and construction of its first pilot nuclear reactor.
Deep Fission (Nasdaq:FISN) priced a public offering of 2,500,000 common shares at $16.00 per share, targeting $40 million in gross proceeds. Underwriters hold a 30-day option for 375,000 extra shares.
Trading on Nasdaq is expected to begin June 18, 2026, with closing on June 22, 2026. Proceeds will fund working capital and development of its first pilot nuclear reactor.