other material
confidence high
sentiment neutral
materiality 0.40
Nano Nuclear closes full over-allotment from IPO, raising additional $1.54M gross
Nano Nuclear Energy Inc.
- Closed sale of 384,375 shares at $4.00/share on May 22, 2024, generating gross proceeds of $1,537,500.
- Net proceeds from over-allotment approximately $1,414,500; total IPO gross proceeds now $11,787,500.
- Total net proceeds from IPO including over-allotment are approximately $10,460,560.
- Proceeds to be used for R&D of microreactor designs 'ZEUS' and 'ODIN', HALEU fuel transport license, and fuel fabrication.
- The Benchmark Company acted as sole book-running representative for the offering.