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SEALSQ Corp
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Palantir
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NEWS
NANO Nuclear Energy Announces Pricing of Upsized $36 Million Underwritten Offering
NANO Nuclear Energy (NASDAQ: NNE) has priced an upsized underwritten public offering of 2,117,646 shares of common stock and warrants to purchase 1,058,823 shares at $17.00 per share, raising approximately $36 million in gross proceeds. The company granted a 30-day overallotment option for additional shares worth up to $5.4 million. The warrants are immediately exercisable with a five-year term. Proceeds will fund R&D of 'ZEUS' and 'ODIN' microreactors, marketing activities, regulatory compliance, and development of their Oak Ridge Nuclear Technology Headquarters.
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Mimo803734 : meaning?
LittleSoldier : Yup
bullshit!
BuyLowSellHighTrader Mimo803734 : Raise money from you lor
.
Jaguar8 OP Mimo803734 : Dilution
Jensen 108 : that's why today is in red
BigChee BuyLowSellHighTrader : Can we go back to 18..
VCasts : is this good or bad and why? i dont understand
Jaguar8 OP VCasts : It increases the number of common
Stock which consequently dilutes the value of each shareholder’s share. So Example instead of you owning 1 share of the 10 shares of a company (10%), example they added 10 more shares so you own 1 share out of 20 shares making you own only 5% instead of 10%
Boxman : Dilution with bad news looking for $9 entry