NANO Nuclear raises $400M via 8.49M share private placement at $47.11/share

Nano Nuclear Energy Inc.

Sold 8,490,767 shares at $47.11 each for gross proceeds of $400M; net proceeds ~$378.6M after fees.
Cash position now approximately $582M (filing) or ~$600M (press release), providing multi-year operating runway.
Proceeds to fund KRONOS MMR development, other microreactor projects, strategic acquisitions, and general corporate purposes.
Titan Partners Group acted as sole placement agent, receiving 5.0% cash fee ($20M) plus $200K legal expense reimbursement.
Company expects to begin geotechnical investigations for KRONOS MMR at University of Illinois Urbana-Champaign in coming weeks.

item 1.01item 3.02item 8.01item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.