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Lucosky Brookman Represents Titan Partners in NANO Nuclear Energy’s $105 Million Private Placement

NANO Nuclear Energy Inc. (Nasdaq: NNE), a leading advanced nuclear energy and technology company focused on the development of portable microreactors and vertically integrated nuclear fuel solutions, has successfully closed a $105 million private placement of its common stock. This transaction marks a significant milestone for the Company as it accelerates its mission to deliver innovative nuclear technologies and solutions.

The offering included the sale of 3,888,889 shares of common stock at a purchase price of $27.00 per share to fundamental institutional investors, including a pre-eminent global investment manager and a leading long-only mutual fund. Net proceeds to NANO Nuclear are expected to be approximately $99 million, further strengthening the Company’s cash position to over $210 million.

Lucosky Brookman LLP served as legal counsel to Titan Partners Group, a division of American Capital Partners, which acted as the sole placement agent in this strategic transaction that positions NANO Nuclear to expand its operational and technological capabilities.

The newly secured capital will support several core initiatives:

  • Advancing the development of the KRONOS MMR™ microreactor, currently in collaboration with the University of Illinois Urbana-Champaign
  • Initiating geological site characterization and drilling investigations for the KRONOS MMR™—the first planned research microreactor on a U.S. campus by a private advanced reactor company
  • Fueling strategic acquisitions and revenue-generating growth opportunities across its five business lines
  • Supporting regulatory filings, including upcoming construction permit applications with the Nuclear Regulatory Commission

This transaction reflects increasing institutional confidence in NANO Nuclear’s unique positioning at the forefront of the nuclear energy renaissance, driven by cutting-edge technology, an experienced leadership team, and a vertically integrated business model.