Executives atNano Nuclear Energy Inc(NASDAQ:NNE) responded to allegations made in a July short report that sent its share price spiraling downward.

Hunterbrook Allegations:Hunterbrook, a hedge fund that doubles as an investigative news outlet, published a report ridiculing the company on July 19.

The report accused Nano Nuclear, a portable nuclear reactor company in its research stage, of having "no revenue, no products, 'laughable timelines,' [and] part-time executives." Hunterbrook's article said that the development of nuclear reactors would take much longer than NNE's timeline.

Nano Responds:Jay Yu, Founder and Chairman of Nano Nuclear Energy...