NANO Nuclear Energy raises $400M in oversubscribed private placement

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NANO Nuclear Energy (NASDAQ:NNE [https://seekingalpha.com/symbol/NNE]) has entered into securities purchase agreements with institutional investors for 8.49M shares in a private placement.

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The offering is priced at market and is expected to raise $400M in gross proceeds.

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Closing is anticipated on or around October 10, 2025.

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Proceeds will fund development and licensing of the KRONOS MMR microreactor, other nuclear projects, strategic acquisitions, and general corporate use.

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