Nano Labs Ltd Announces Pricing of Public Offering of American Depositary Shares
HANGZHOU, China, Sept. 27, 2022 (GLOBE NEWSWIRE) — Nano Labs Ltd (Nasdaq:NA) (the “Company” or “Nano Labs”), a leading fabless integrated circuit (“IC”) design company and product solution provider in China, today announced that the previously announced registered public offering of American depositary shares (“ADSs”) by the Company was priced at US$2.40 per ADS. The Company will issue and sell 2,083,334 ADSs, each representing two Class A ordinary shares of the Company. The Company has granted the underwriters a 30-day option to purchase up to an aggregate of 312,500 additional ADSs. The gross proceeds to the Company will be US$5.0 million, assuming the option to purchase additional ADSs is not exercised.
Related news for (NA)
- 24/7 Market News Snapshot 30 September, 2025 – Ryvyl Inc. Common Stock (NASDAQ:RVYL)
- Top Wealth Group Holding Limited Announces First Half 2025 Unaudited Financial Results
- 24/7 Market News Snapshot 30 September, 2025 – Top Wealth Group Holding Limited Class A Ordinary Shares (NASDAQ:TWG)
- 24/7 Market News Snapshot 30 September, 2025 – Qualigen Therapeutics, Inc. Common Stock (NASDAQ:QLGN)
- MoBot alert highlights: NASDAQ: SPHL, NASDAQ: VIVK, NASDAQ: BENFW, NASDAQ: BENF, NASDAQ: CASI (09/30/25 03:00 PM)