NANO Nuclear Energy Announces Pricing of $105 Million Private Placement of Common Stock
NANO Nuclear Energy (NASDAQ: NNE) has announced a $105 million private placement of common stock, pricing 3,888,889 shares at $27.00 per share. The placement attracted significant institutional investors, including a leading long-only mutual fund and a prominent global investment manager. Following the expected closing on May 28, 2025, the company's total cash position is anticipated to exceed $200 million.
The company plans to use the proceeds to advance its micro nuclear reactors and auxiliary nuclear energy-related businesses, pursue complementary acquisitions, and drive growth towards initial revenue generation. Titan Partners Group, a division of American Capital Partners, is serving as the sole placement agent for this offering.
NANO Nuclear Energy (NASDAQ: NNE) ha annunciato un collocamento privato di azioni ordinarie da 105 milioni di dollari, con la vendita di 3.888.889 azioni a 27,00 dollari per azione. L'operazione ha attirato importanti investitori istituzionali, tra cui un rinomato fondo comune a gestione attiva e un noto gestore di investimenti globale. Dopo la prevista chiusura il 28 maggio 2025, la posizione di cassa totale della società dovrebbe superare i 200 milioni di dollari.
La società intende utilizzare i proventi per sviluppare ulteriormente i suoi micro reattori nucleari e le attività ausiliarie legate all'energia nucleare, perseguire acquisizioni complementari e stimolare la crescita verso la generazione di ricavi iniziali. Titan Partners Group, una divisione di American Capital Partners, agisce come unico agente di collocamento per questa offerta.
NANO Nuclear Energy (NASDAQ: NNE) ha anunciado una colocación privada de acciones ordinarias por 105 millones de dólares, fijando el precio de 3,888,889 acciones a 27.00 dólares por acción. La colocación atrajo a importantes inversores institucionales, incluyendo un destacado fondo mutuo de gestión activa y un reconocido gestor de inversiones global. Tras el cierre previsto para el 28 de mayo de 2025, se espera que la posición total de efectivo de la compañía supere los 200 millones de dólares.
La empresa planea utilizar los fondos para avanzar en sus micro reactores nucleares y negocios auxiliares relacionados con la energía nuclear, buscar adquisiciones complementarias y fomentar el crecimiento hacia la generación inicial de ingresos. Titan Partners Group, una división de American Capital Partners, actúa como único agente colocador de esta oferta.
NANO Nuclear Energy (NASDAQ: NNE)는 1억 500만 달러 규모의 사모 주식 발행을 발표했으며, 388만 8,889주를 주당 27.00달러에 가격 책정했습니다. 이번 발행은 선도적인 장기 투자 뮤추얼 펀드와 유명 글로벌 투자 매니저를 포함한 주요 기관 투자자들의 관심을 받았습니다. 2025년 5월 28일 예정된 거래 종료 후, 회사의 총 현금 보유액은 2억 달러를 초과할 것으로 예상됩니다.
회사는 이번 자금을 마이크로 원자로 및 보조 핵에너지 관련 사업을 발전시키고, 보완적인 인수합병을 추진하며, 초기 수익 창출을 위한 성장을 견인하는 데 사용할 계획입니다. American Capital Partners의 한 부서인 Titan Partners Group이 이번 발행의 단독 배정 대행사로 활동하고 있습니다.
NANO Nuclear Energy (NASDAQ : NNE) a annoncé un placement privé d’actions ordinaires de 105 millions de dollars, avec un prix fixé à 27,00 dollars par action pour 3 888 889 actions. Ce placement a attiré d’importants investisseurs institutionnels, dont un fonds commun de placement long-only de premier plan et un gestionnaire d’investissement mondial reconnu. Après la clôture prévue le 28 mai 2025, la trésorerie totale de la société devrait dépasser 200 millions de dollars.
La société prévoit d’utiliser les fonds pour faire progresser ses micro-réacteurs nucléaires et ses activités auxiliaires liées à l’énergie nucléaire, poursuivre des acquisitions complémentaires et stimuler la croissance en vue de la génération de revenus initiaux. Titan Partners Group, une division d’American Capital Partners, agit en tant qu’agent unique pour ce placement.
NANO Nuclear Energy (NASDAQ: NNE) hat eine Private Placement von Stammaktien im Wert von 105 Millionen US-Dollar angekündigt und 3.888.889 Aktien zu je 27,00 US-Dollar bepreist. Die Platzierung zog bedeutende institutionelle Investoren an, darunter einen führenden Long-Only-Mutual-Fund und einen renommierten globalen Investmentmanager. Nach dem erwarteten Abschluss am 28. Mai 2025 wird die Gesamtliquidität des Unternehmens voraussichtlich über 200 Millionen US-Dollar liegen.
Das Unternehmen plant, die Erlöse zur Weiterentwicklung seiner Mikro-Kernreaktoren und ergänzenden kernenergienahen Geschäfte zu verwenden, komplementäre Akquisitionen zu verfolgen und das Wachstum in Richtung erster Umsatzerlöse voranzutreiben. Titan Partners Group, eine Sparte von American Capital Partners, fungiert als alleiniger Platzierungsagent für dieses Angebot.
- Significant capital raise of $105 million strengthens balance sheet
- Strong institutional investor participation indicates market confidence
- Total cash position expected to exceed $200 million post-closing
- Funds will support development of micro nuclear reactors and potential acquisitions
- Share dilution for existing stockholders
- Securities are restricted and not immediately tradeable
- No immediate revenue generation indicated
Insights
NANO Nuclear's $105M private placement significantly strengthens its balance sheet, providing substantial runway for advanced reactor development and potential acquisitions.
NANO Nuclear's
The quality of investors participating in this placement is particularly noteworthy. The inclusion of a long-only mutual fund suggests belief in NANO Nuclear's long-term fundamentals rather than short-term trading opportunity. This type of investor typically conducts thorough due diligence and takes positions with multi-year horizons.
Following this transaction, NANO Nuclear's cash position will exceed
For a company developing capital-intensive nuclear technology, this funding represents a critical competitive advantage. Nuclear development requires significant upfront investment before generating revenue, and this capital ensures NANO Nuclear can maintain development momentum without being forced to raise additional funds in potentially less favorable market conditions. The company's explicit mention of seeking complementary acquisitions suggests a strategic expansion beyond organic growth, potentially accelerating its path to commercialization.
The offering includes primary participation from fundamental institutional investors, including a leading long-only mutual fund and a preeminent global investment manager
Company total cash position expected to be over
New York, N.Y., May 27, 2025 (GLOBE NEWSWIRE) -- NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear” or “the Company”), a leading advanced nuclear energy and technology company, today announced that it has entered into a definitive securities purchase agreement with institutional investors for the purchase and sale of 3,888,889 shares of common stock in a private placement at a purchase price of
Participants in the private placement include several fundamental institutional investors, including a leading long-only mutual fund and a preeminent global investment manager.
The closing of the offering is expected to occur on or about May 28, 2025, subject to the satisfaction of customary closing conditions.
With the anticipated net proceeds from the private placement, NANO Nuclear would have over
Titan Partners Group, a division of American Capital Partners, is acting as the sole placement agent for the offering.
The securities issued in the private placement described above have not been registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. NANO Nuclear has agreed to file a resale registration statement with the SEC for purposes of registering the resale of the shares of common stock issued in connection with the private placement.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
For more corporate information please visit: https://NanoNuclearEnergy.com/
About NANO Nuclear Energy, Inc.
NANO Nuclear Energy Inc. (NASDAQ: NNE) is an advanced technology-driven nuclear energy company seeking to become a commercially focused, diversified, and vertically integrated company across five business lines: (i) cutting edge portable and other microreactor technologies, (ii) nuclear fuel fabrication, (iii) nuclear fuel transportation, (iv) nuclear applications for space and (v) nuclear industry consulting services. NANO Nuclear believes it is the first portable nuclear microreactor company to be listed publicly in the U.S.
Led by a world-class nuclear engineering team, NANO Nuclear’s reactor products in development include patented KRONOS MMR™ Energy System, a stationary high-temperature gas-cooled reactor that is in construction permit pre-application engagement U.S. Nuclear Regulatory Commission (NRC) in collaboration with University of Illinois Urbana-Champaign (U. of I.), “ZEUS”, a solid core battery reactor, and “ODIN”, a low-pressure coolant reactor, and the space focused, portable LOKI MMR™, each representing advanced developments in clean energy solutions that are portable, on-demand capable, advanced nuclear microreactors.
Advanced Fuel Transportation Inc. (AFT), a NANO Nuclear subsidiary, is led by former executives from the largest transportation company in the world aiming to build a North American transportation company that will provide commercial quantities of HALEU fuel to small modular reactors, microreactor companies, national laboratories, military, and DOE programs. Through NANO Nuclear, AFT is the exclusive licensee of a patented high-capacity HALEU fuel transportation basket developed by three major U.S. national nuclear laboratories and funded by the Department of Energy. Assuming development and commercialization, AFT is expected to form part of the only vertically integrated nuclear fuel business of its kind in North America.
HALEU Energy Fuel Inc. (HEF), a NANO Nuclear subsidiary, is focusing on the future development of a domestic source for a High-Assay, Low-Enriched Uranium (HALEU) fuel fabrication pipeline for NANO Nuclear’s own microreactors as well as the broader advanced nuclear reactor industry.
NANO Nuclear Space Inc. (NNS), a NANO Nuclear subsidiary, is exploring the potential commercial applications of NANO Nuclear’s developing micronuclear reactor technology in space. NNS is focusing on applications such as the LOKI MMR™ system and other power systems for extraterrestrial projects and human sustaining environments, and potentially propulsion technology for long haul space missions. NNS’ initial focus will be on cis-lunar applications, referring to uses in the space region extending from Earth to the area surrounding the Moon's surface.
For more corporate information please visit: https://NanoNuclearEnergy.com/
For further information, please contact:
Email: IR@NANONuclearEnergy.com
Business Tel: (212) 634-9206
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Cautionary Note Regarding Forward Looking Statements
This news release and statements of NANO Nuclear’s management in connection with this news release or related events contain or may contain “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements (including statements related to the closing, and the anticipated benefits to the Company, of the private placement described herein) related to future events, which may impact our expected future business and financial performance, and often contain words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “potential”, “will”, “should”, “could”, “would” or “may” and other words of similar meaning. These forward-looking statements are based on information available to us as of the date of this news release and represent management’s current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve significant known and unknown risks, uncertainties and other factors, which may be beyond our control. For NANO Nuclear, particular risks and uncertainties that could cause our actual future results to differ materially from those expressed in our forward-looking statements include but are not limited to the following: (i) risks related to our U.S. Department of Energy (“DOE”) or related state or non-U.S. nuclear fuel licensing submissions, (ii) risks related the development of new or advanced technology and the acquisition of complimentary technology or businesses, including difficulties with design and testing, cost overruns, regulatory delays, integration issues and the development of competitive technology, (iii) our ability to obtain contracts and funding to be able to continue operations, (iv) risks related to uncertainty regarding our ability to technologically develop, gain registered intellectual property protection for, and commercially deploy a competitive advanced nuclear reactor or other technology in the timelines we anticipate, if ever, (v) risks related to the impact of U.S. and non-U.S. government regulation, policies and licensing requirements, including by the DOE and the U.S. Nuclear Regulatory Commission, including those associated with the recently enacted ADVANCE Act, and (vi) similar risks and uncertainties associated with the operating an early stage business a highly regulated and rapidly evolving industry. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement, and NANO Nuclear therefore encourages investors to review other factors that may affect future results in its filings with the SEC, which are available for review at www.sec.gov and at https://ir.nanonuclearenergy.com/financial-information/sec-filings. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.
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