From Nasdaq: 2025-05-30 17:35:00

Shares of Nano Nuclear Energy (NASDAQ: NNE) dropped 16% this week after closing a private placement offering of common stock, diluting shareholders. The start-up is up 26% this year and 500% since going public. The company filed six patents for its Zeus Microreactor but faced a stock price decline due to the pricing of the offering. Nano Nuclear raised $105 million, covering years of cash burn. However, with no working product yet, the stock remains high risk and unsuitable for most investors. Consider the company’s long timeline for product development and lack of revenue before investing.



Read more at Nasdaq: Why Shares of Nano Nuclear Energy Stock Sank This Week