share_log

NANO Nuclear Energy | 8-K: Current report

SEC ·  Oct 30, 2024 20:01

Summary by Futu AI

NANO Nuclear Energy has successfully completed its firm commitment underwritten public offering, initially raising $36M through the sale of 2,117,646 units at $17.00 per unit. Each unit consisted of one common stock share and one warrant to purchase 0.5 shares of common stock.The company's lead managing underwriter fully exercised their over-allotment option, purchasing an additional 317,646 shares and 317,646 warrants. The over-allotment warrant purchase closed on October 25, 2024, while the share purchase closed on October 29, 2024, generating additional gross proceeds of $5.4M.With the complete exercise of the over-allotment option, the total gross proceeds from the offering reached approximately $41.4M, with net proceeds of $37.7M after deducting underwriting discounts and other offering expenses.
NANO Nuclear Energy has successfully completed its firm commitment underwritten public offering, initially raising $36M through the sale of 2,117,646 units at $17.00 per unit. Each unit consisted of one common stock share and one warrant to purchase 0.5 shares of common stock.The company's lead managing underwriter fully exercised their over-allotment option, purchasing an additional 317,646 shares and 317,646 warrants. The over-allotment warrant purchase closed on October 25, 2024, while the share purchase closed on October 29, 2024, generating additional gross proceeds of $5.4M.With the complete exercise of the over-allotment option, the total gross proceeds from the offering reached approximately $41.4M, with net proceeds of $37.7M after deducting underwriting discounts and other offering expenses.

The information provided by Futu AI is automatically generated by third-party artificial intelligence (AI) software based on news content.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.