HONG
KONG, Dec. 9, 2024 /PRNewswire/ -- Nano Labs Ltd
(Nasdaq: NA) ("we," the "Company" or "Nano
Labs"), a leading fabless integrated circuit design company
and product solution provider in China, today announced that it entered into a
share subscription agreement (the "Subscription Agreement") with
certain investors (the "Investors") on December 9, 2024 to sell 5,611,459 Class A
ordinary shares of the Company in a private placement. The purchase
price per Class A ordinary shares is US$6.46, being the average closing price of the
previous 60 trading days prior to the signing of the Subscription
Agreement, and the aggregate purchase price of the Private
Placement is approximately US$36.25
million (the "Aggregate Purchase Price"). The Aggregate
Purchase Price will be satisfied in U.S. dollars,
Bitcoin and USDT. The shares
are offered in a transaction not required to be registered under
Section 5 of the Securities Act. The closing may take place on a
non-contemporaneous basis in 10 business days, subject to customary
closing conditions.
This press release shall
not constitute an offer to sell or the solicitation of an offer to
buy any of the securities described herein, nor shall there be any
sale of these securities in any state or jurisdiction in which such
offer, solicitation or sale would be unlawful prior to registration
or qualification under the securities laws of any such state or
jurisdiction.
About Nano Labs Ltd
Nano Labs Ltd is a leading fabless integrated circuit ("IC")
design company and product solution provider in China. Nano
Labs is committed to the development of high throughput
computing ("HTC") chips, high performance computing ("HPC") chips,
distributed computing and storage solutions, smart network
interface cards ("NICs") vision computing chips and distributed
rendering. Nano Labs has built a
comprehensive flow processing unit ("FPU") architecture which
offers solution that integrates the features of both HTC and HPC.
Nano Lab's Cuckoo series are one of
the first near-memory HTC chips available in the market*. For more
information, please visit the Company's website
at: https://ir.nano.cn/.
|
*
|
According to an
industry report prepared by Frost & Sullivan.
|
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of Section 21E of the Securities Exchange Act of 1934,
as amended, and as defined in the U.S. Private Securities
Litigation Reform Act of 1995. These forward-looking statements
include, without limitation, the Company's plan to appeal the
Staff's determination, which can be identified by terminology such
as "may," "will," "expect," "anticipate," "aim," "estimate,"
"intend," "plan," "believe," "potential," "continue," "is/are
likely to" or other similar expressions. Such statements are based
upon management's current expectations and current market and
operating conditions, and relate to events that involve known or
unknown risks, uncertainties and other factors, all of which are
difficult to predict and many of which are beyond the Company's
control, which may cause the Company's actual results, performance
or achievements to differ materially from those in the
forward-looking statements. Further information regarding these and
other risks, uncertainties or factors is included in the Company's
filings with the Securities and Exchange Commission. The Company
does not undertake any obligation to update any forward-looking
statement as a result of new information, future events or
otherwise, except as required under law.
For investor inquiries, please contact:
Nano Labs Ltd
ir@nano.cn
Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email: investors@ascent-ir.com
View original content to download
multimedia:https://www.prnewswire.com/news-releases/nano-labs-announces-pricing-of-unregistered-sale-of-equity-securities-302326087.html
SOURCE Nano Labs Ltd