Nano Labs Announces Closing of US$36.25 Million Private Placement
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Nano Labs Ltd, a fabless integrated circuit design company, has closed a private placement raising approximately $36.25 million by selling 5,611,459 Class A ordinary shares at $6.46 each. The transaction was completed using U.S. dollars, Bitcoin, and USDT.

December 11, 2024 | 1:15 pm
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Nano Labs Ltd has completed a $36.25 million private placement, potentially strengthening its financial position and impacting its stock price.
The successful closing of a $36.25 million private placement indicates a strong financial move by Nano Labs, which could positively influence investor sentiment and the stock price. The use of diverse payment methods, including Bitcoin and USDT, may also attract attention from cryptocurrency investors.
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