Jeff Grampp

Sameer Joshi

Subash Chandra

- On **October 10, 2025**, NANO Nuclear Energy Inc. closed an oversubscribed private placement of common stock, generating **gross proceeds of $400 million**.  **[1923891_0001493152-25-017769_ex99-1.htm:0]** **[1923891_0001493152-25-017769_ex99-2.htm:0]** **[1923891_0001493152-25-017769_form8-k.htm:1]** 
- The company sold **8,490,767 shares** of common stock at a purchase price of **$47.11 per share**.  **[1923891_0001493152-25-017769_form8-k.htm:1]** 
- After deducting placement agent fees and estimated offering expenses, NANO Nuclear received **net proceeds of approximately $378.6 million**, increasing its cash position to approximately **$582 million**.  **[1923891_0001493152-25-017769_form8-k.htm:1]** 
- The proceeds will be used to advance development, construction, and regulatory licensing activities for its lead micro nuclear reactor program, the **KRONOS MMR™ Energy System**, continue development of other micro reactor projects and nuclear energy business lines, pursue potential strategic acquisitions, and for general corporate purposes.  **[1923891_0001493152-25-017769_ex99-1.htm:0]** **[1923891_0001493152-25-017769_ex99-2.htm:0]** **[1923891_0001493152-25-017769_form8-k.htm:1]**

Nano Nuclear Energy (NNE)