Latest news with #NNE
Yahoo
2 days ago
- Business
- Yahoo
Why Nano Nuclear Energy Stock Crashed Today
Key Points Nano Nuclear filed SEC forms regarding a cash raise of up to $620 million. The company will immediately begin to try selling $400 million worth of new stock. Nano Nuclear is burning cash, but $400 million in new money could keep it solvent for years. 10 stocks we like better than Nano Nuclear Energy › Shares of Nano Nuclear Energy (NASDAQ: NNE), one of a handful of start-up companies aiming to commercialize small modular nuclear reactors, announced late Friday it intends to raise up to $620 million to further its nuclear endeavors. As of 11:11 a.m. ET, investors have sold off the stock by 8%. What is Nano Nuclear up to? Nano Nuclear says the $620 million will take the form of common and preferred stock issuances, purchase contracts, warrants, subscription rights, depositary shares, debt securities, and/or units. The cash may be raised "from time to time in one or more offerings." But most of the cash may be raised pretty quickly, through a $400 million at-the-market stock selling program managed by three investment banks, that will see Nano Nuclear create and sell shares at whatever price it can get. Is Nano Nuclear stock a buy? Nano Nuclear stock tumbled on the news. It cost a bit under $42 per share last week -- implying $400 million could be raised pretty easily by selling fewer than 10 million new shares. With 41.5 million shares outstanding at last report, that would probably grow the share count to about 51 million, and dilute existing shareholders by about 23%. Now that the stock price is falling, Nano might have to sell 1 million more shares to get its full $400 million -- and the stock dilution amount could rise to 25%. It would be hard to call that good news. But it's not necessarily bad news for investors, either. Nano Nuclear's only burning about $16 million a year right now. At that rate, $400 million in new cash could fund this company's research and development (R&D) work for a couple of decades. Net-net, I'd call this a positive for a very speculative stock. Should you invest $1,000 in Nano Nuclear Energy right now? Before you buy stock in Nano Nuclear Energy, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Nano Nuclear Energy wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $636,628!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,063,471!* Now, it's worth noting Stock Advisor's total average return is 1,041% — a market-crushing outperformance compared to 183% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 28, 2025 Rich Smith has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Nano Nuclear Energy Stock Crashed Today was originally published by The Motley Fool Sign in to access your portfolio
Business Insider
5 days ago
- Business
- Business Insider
Nano Nuclear Energy files $620M mixed securities shelf
17:30 EDT Nano Nuclear Energy (NNE) files $620M mixed securities shelf Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Yahoo
21-07-2025
- Climate
- Yahoo
Almont, United States - Weather forecasts Maps
Sunny with a high of 74 °F (23.3 °C). Winds from NNE to NE at 7 to 9 mph (11.3 to 14.5 kph). Night - Clear. Winds from NNE to NE at 4 to 9 mph (6.4 to 14.5 kph). The overnight low will be 49 °F (9.4 °C).
Business Insider
10-06-2025
- Business
- Business Insider
Nano Nuclear Energy files to sell 3.89M shares of common stock for holders
17:05 EDT Nano Nuclear Energy (NNE) files to sell 3.89M shares of common stock for holders Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Yahoo
20-05-2025
- Business
- Yahoo
NANO Nuclear Energy Inc. (NNE): A Bull Case Theory
We came across a bullish thesis on NANO Nuclear Energy Inc. (NNE) on Substack by Charly AI. In this article, we will summarize the bulls' thesis on NNE. NANO Nuclear Energy Inc. (NNE)'s share was trading at $26.07 as of May 15th. An aerial view of a nuclear plant, its domes casting a unique shadow. NNE is an ambitious vertically integrated developer in the advanced nuclear sector, aiming to become a full-stack provider of micronuclear solutions. The company is building a differentiated platform by combining microreactor design and manufacturing with in-house nuclear fuel processing, logistics, and regulatory consulting. Its four proprietary microreactor models—Zeus, Odin, Kronos mmr, and Loki mmr—target specialized applications, from mobile military use to stationary industrial power and even extraterrestrial deployment. This vertical integration across the nuclear value chain establishes a significant competitive moat and positions NNE as a category leader in the emerging microreactor space. The company is led by CEO James Walker, formerly of Rolls Royce's nuclear division, and supported by a top-tier team of physicists and executives from leading academic and government institutions, including Oak Ridge and the NRC. NNE operates at the intersection of key secular trends: rising AI-driven power consumption, increasing emphasis on U.S. energy independence, and global decarbonization efforts. With tech giants such as Microsoft and Amazon investing in small modular reactors for datacenter use, and U.S. government support through programs like the DOE's $3.4 billion LEU Acquisition initiative, the market tailwinds are substantial. NNE also holds a strategic advantage through its partnership with LIS Technologies, the only U.S.-based laser uranium enrichment firm. Despite these advantages, the company remains pre-revenue, reporting a $3.1 million loss last quarter and undergoing nearly 20% share dilution to support ongoing development. While the company has $123 million in cash and minimal debt, execution risk remains high. For investors with a long-term horizon and appetite for risk, NNE offers upside in a potentially transformational market. NANO Nuclear Energy Inc. (NNE) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 10 hedge fund portfolios held NNE at the end of the fourth quarter which was 0 in the previous quarter. While we acknowledge the risk and potential of NNE as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than NNE but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
