[6-K] Nano Labs Ltd Current Report (Foreign Issuer)
Nano Labs Ltd (Nasdaq: NA) filed a Form 6-K to announce the pricing of a $50 million capital raise that combines (1) a registered direct offering of 5,952,381 Class A ordinary shares and (2) a concurrent private placement of warrants to purchase an equal number of shares. Each share-and-warrant unit is priced at $8.40, implying gross proceeds of roughly $50 million before placement fees and other transaction costs. The warrants become immediately exercisable, carry a five-year term from the effective registration date, and feature an initial exercise price of $10.00 per share, subject to standard anti-dilution adjustments.
Use of proceeds: Management states that net proceeds鈥攖ogether with any future cash generated from warrant exercises鈥攚ill be deployed to acquire BNB (Binance Coin) as part of Nano Labs鈥� evolving digital-asset treasury strategy. No other operational or balance-sheet purposes were disclosed, suggesting a targeted move to increase exposure to cryptocurrency-denominated reserves rather than to fund working capital or R&D.
Structure & timing: The equity component is issued under the Company鈥檚 existing shelf registration statement (Form F-3 No. 333-273968), declared effective on 1 Sep 2023. The warrants and the ordinary shares issuable upon exercise are offered privately under Section 4(a)(2) and Regulation D and therefore remain unregistered. Closing is expected on or about 27 Jun 2025, subject to customary conditions. Maxim Group LLC serves as sole placement agent; its fees were not quantified.
Capital-market implications: Immediate dilution will equal the new share count issued (~5.95 million), plus potential future dilution should warrants be exercised. Based on typical free-float data for Nano Labs, the new issuance appears material, although the company did not disclose percentage dilution. The $1.60 spread between the unit price and the $10.00 strike offers investors potential upside yet limits immediate exercise likelihood, thereby postponing secondary dilution and cash inflow.
Strategic context: The decision to convert fresh capital directly into BNB marks an aggressive expansion of the firm鈥檚 Web 3.0 centric balance-sheet strategy. While alignment with its infrastructure focus could enhance ecosystem synergy, it also raises crypto-volatility risk and subjects treasury assets to market swings, regulatory scrutiny, and counter-party considerations relating to Binance.
Key takeaways for investors: (1) Nano Labs secures $50 million in near-term liquidity but at the cost of share dilution; (2) proceeds earmarked exclusively for a single crypto asset amplify financial-performance variability; (3) warrant terms could inject an additional $59.5 million (5.95 m 脳 $10.00) of cash if exercised, contingent on future share-price appreciation.
Nano Labs Ltd (Nasdaq: NA) ha depositato un Modulo 6-K per annunciare il prezzo di un incremento di capitale da 50 milioni di dollari che combina (1) un'offerta diretta registrata di 5.952.381 azioni ordinarie di Classe A e (2) un collocamento privato simultaneo di warrant per acquistare un numero pari di azioni. Ogni unit脿 azione-warrant 猫 quotata a 8,40 dollari, implicando un ricavo lordo di circa 50 milioni di dollari prima delle commissioni di collocamento e altri costi di transazione. I warrant sono immediatamente esercitabili, hanno una durata di cinque anni dalla data di registrazione effettiva e prevedono un prezzo di esercizio iniziale di 10,00 dollari per azione, soggetto a normali aggiustamenti anti-diluizione.
Utilizzo dei proventi: La direzione dichiara che i proventi netti 鈥� insieme a eventuali futuri incassi derivanti dall鈥檈sercizio dei warrant 鈥� saranno impiegati per acquisire BNB (Binance Coin) nell鈥檃mbito della strategia in evoluzione di Nano Labs per la tesoreria in asset digitali. Non sono stati comunicati altri scopi operativi o di bilancio, suggerendo un鈥檃zione mirata ad aumentare l鈥檈sposizione alle riserve denominate in criptovalute piuttosto che finanziare capitale circolante o ricerca e sviluppo.
Struttura e tempistiche: La componente azionaria 猫 emessa sotto la dichiarazione di registrazione esistente della Societ脿 (Modulo F-3 n. 333-273968), dichiarata efficace il 1掳 settembre 2023. I warrant e le azioni ordinarie emesse al momento dell鈥檈sercizio sono offerti privatamente ai sensi della Sezione 4(a)(2) e del Regolamento D e pertanto non sono registrati. La chiusura 猫 prevista intorno al 27 giugno 2025, soggetta a condizioni consuete. Maxim Group LLC agisce come unico agente di collocamento; le sue commissioni non sono state specificate.
Implicazioni sul mercato dei capitali: La diluizione immediata corrisponder脿 al nuovo numero di azioni emesse (~5,95 milioni), oltre a una potenziale diluizione futura qualora i warrant vengano esercitati. Basandosi sui dati tipici del flottante di Nano Labs, l鈥檈missione appare significativa, anche se la societ脿 non ha divulgato la percentuale di diluizione. Il differenziale di 1,60 dollari tra il prezzo dell鈥檜nit脿 e il prezzo di esercizio a 10,00 dollari offre agli investitori un potenziale rialzo, limitando per貌 la probabilit脿 di esercizio immediato e quindi posticipando la diluizione secondaria e l鈥檃fflusso di cassa.
Contesto strategico: La decisione di convertire il nuovo capitale direttamente in BNB rappresenta un鈥檈spansione aggressiva della strategia di bilancio incentrata sul Web 3.0 della societ脿. Sebbene l鈥檃llineamento con il suo focus infrastrutturale possa migliorare la sinergia nell鈥檈cosistema, comporta anche un rischio di volatilit脿 crypto e sottopone gli asset di tesoreria a oscillazioni di mercato, scrutinio regolamentare e considerazioni di controparte legate a Binance.
Punti chiave per gli investitori: (1) Nano Labs ottiene 50 milioni di dollari di liquidit脿 a breve termine, ma a costo di una diluizione azionaria; (2) i proventi destinati esclusivamente a un singolo asset crypto aumentano la variabilit脿 della performance finanziaria; (3) i termini dei warrant potrebbero generare ulteriori 59,5 milioni di dollari (5,95 milioni 脳 10,00 dollari) di liquidit脿 se esercitati, condizionati all鈥檃pprezzamento futuro del prezzo azionario.
Nano Labs Ltd (Nasdaq: NA) present贸 un Formulario 6-K para anunciar el precio de una emisi贸n de capital por 50 millones de d贸lares que combina (1) una oferta directa registrada de 5.952.381 acciones ordinarias Clase A y (2) una colocaci贸n privada concurrente de warrants para comprar un n煤mero igual de acciones. Cada unidad de acci贸n y warrant tiene un precio de 8,40 d贸lares, lo que implica ingresos brutos aproximados de 50 millones de d贸lares antes de comisiones de colocaci贸n y otros costos de transacci贸n. Los warrants son ejercitables inmediatamente, tienen un plazo de cinco a帽os desde la fecha efectiva de registro y cuentan con un precio inicial de ejercicio de 10,00 d贸lares por acci贸n, sujeto a ajustes est谩ndar anti-diluci贸n.
Uso de los ingresos: La direcci贸n indica que los ingresos netos 鈥攋unto con cualquier efectivo futuro generado por el ejercicio de los warrants鈥� se utilizar谩n para adquirir BNB (Binance Coin) como parte de la estrategia en evoluci贸n de Nano Labs para la tesorer铆a en activos digitales. No se revelaron otros usos operativos o de balance, lo que sugiere un movimiento enfocado en aumentar la exposici贸n a reservas denominadas en criptomonedas en lugar de financiar capital de trabajo o I+D.
Estructura y cronograma: El componente accionario se emite bajo la declaraci贸n de registro en vigor de la Compa帽铆a (Formulario F-3 No. 333-273968), declarada efectiva el 1 de septiembre de 2023. Los warrants y las acciones ordinarias emitibles al ejercerlos se ofrecen de forma privada bajo la Secci贸n 4(a)(2) y el Reglamento D, por lo que permanecen no registrados. El cierre se espera alrededor del 27 de junio de 2025, sujeto a condiciones habituales. Maxim Group LLC act煤a como 煤nico agente colocador; sus honorarios no fueron especificados.
Implicaciones en el mercado de capitales: La diluci贸n inmediata ser谩 igual al nuevo n煤mero de acciones emitidas (~5,95 millones), m谩s una posible diluci贸n futura si se ejercen los warrants. Seg煤n datos t铆picos de free float para Nano Labs, la nueva emisi贸n parece significativa, aunque la compa帽铆a no divulg贸 el porcentaje de diluci贸n. El diferencial de 1,60 d贸lares entre el precio de la unidad y el precio de ejercicio de 10,00 d贸lares ofrece a los inversores un potencial de ganancia, pero limita la probabilidad de ejercicio inmediato, posponiendo as铆 la diluci贸n secundaria y la entrada de efectivo.
Contexto estrat茅gico: La decisi贸n de convertir el capital fresco directamente en BNB representa una expansi贸n agresiva de la estrategia de balance centrada en Web 3.0 de la empresa. Aunque la alineaci贸n con su enfoque en infraestructura podr铆a mejorar la sinergia del ecosistema, tambi茅n aumenta el riesgo de volatilidad cripto y somete los activos de tesorer铆a a fluctuaciones del mercado, escrutinio regulatorio y consideraciones de contraparte relacionadas con Binance.
Puntos clave para los inversores: (1) Nano Labs asegura 50 millones de d贸lares en liquidez a corto plazo, pero a costa de diluci贸n accionaria; (2) los ingresos destinados exclusivamente a un solo activo cripto amplifican la variabilidad del desempe帽o financiero; (3) los t茅rminos de los warrants podr铆an inyectar 59,5 millones de d贸lares adicionales (5,95 millones 脳 10,00 d贸lares) en efectivo si se ejercen, condicionado a la apreciaci贸n futura del precio de la acci贸n.
Nano Labs Ltd (雮橃姢雼�: NA)电� 5,000毵� 雼煬 鞛愲掣 臁半嫭 臧�瓴╈潉 氚滍憸頃橁赴 鞙勴暣 Form 6-K毳� 鞝滌稖頄堨姷雼堧嫟. 鞚措矆 臁半嫭鞚� (1) 5,952,381欤检潣 韥措灅鞀� A 氤错喌欤� 霌彪 歆侅爲 瓿惦鞕� (2) 霃欖澕 靾橂焿鞚� 欤检嫕鞚� 毵れ垬頃� 靾� 鞛埖鐢 鞗岆煱韸胳潣 霃欖嫓 靷 氚滍枆鞚� 瓴绊暕頃� 瓴冹瀰雼堧嫟. 欤检嫕瓿� 鞗岆煱韸� 雼渼 臧�瓴╈潃 8.40雼煬搿�, 氚办箻 靾橃垬耄� 氚� 旮绊儉 瓯半灅 牍勳毄鞚� 鞝滌櫢頃� 鞎� 5,000毵� 雼煬鞚� 齑� 靾橃澋鞚� 鞚橂頃╇媹雼�. 鞗岆煱韸傅鐢 歃夓嫓 頄夓偓 臧�電ロ晿氅�, 須牓 氚滌儩鞚茧攵�韯� 5雲勱皠 鞙犿毃頃橁碃, 齑堦赴 頄夓偓 臧�瓴╈潃 欤茧嫻 10.00雼煬鞚措┌, 響滌 頋劃 氚╈ 臁办爼鞚� 鞝侅毄霅╇媹雼�.
鞛愱笀 靷毄 瓿勴殟: 瓴届榿歆勳潃 靾滌垬鞚店臣 鞗岆煱韸� 頄夓偓搿� 氚滌儩頃樀鐢 氙鸽灅 順勱笀鞚� 頃粯 靷毄頃橃棳 Nano Labs鞚� 歆勴檾頃樀鐢 霐旍韯� 鞛愳偘 鞛 鞝勲灥鞚� 鞚柬櫂鞙茧 BNB(氚旍澊雮胳姢 旖旍澑)鞚� 毵れ瀰頃� 鞓堨爼鞚措澕瓿� 氚濏様鞀惦媹雼�. 旮绊儉 鞖挫榿 氇╈爜鞚措倶 雽�彀寑臁绊憸 鞖╇弰电� 瓿店皽頃橃 鞎婌晞, 鞖挫爠鞛愲掣鞚措倶 鞐瓣惮臧滊皽 鞛愱笀 臁半嫭氤措嫟电� 鞎旐樃頇旐彁搿� 響滌嫓霅� 欷�牍勱笀 雲胳稖鞚� 電橂Μ霠さ鐢 氇╉憸靹� 臁办箻鞛勳潉 鞁滌偓頃╇媹雼�.
甑“ 氚� 鞚检爼: 欤检嫕 甑劚 鞖旍唽电� 須岇偓鞚� 旮办〈 靹犽皹 霌彪靹�(Form F-3 No. 333-273968)鞐� 霐半澕 氚滍枆霅橃棃鞙茧┌, 2023雲� 9鞗� 1鞚检棎 須牓鞚� 氚滌儩頄堨姷雼堧嫟. 鞗岆煱韸� 氚� 頄夓偓 鞁� 氚滍枆霅樀鐢 氤错喌欤嫉鐢 靹轨厴 4(a)(2) 氚� 攴滌爼 D鞐� 霐半澕 牍勱车臧滊 鞝滉车霅橃柎 霌彪霅橃 鞎婌晿鞀惦媹雼�. 瓯半灅 膦呺电� 2025雲� 6鞗� 27鞚缄步搿� 鞓堨儊霅橂┌, 韱奠儊鞝侅澑 臁瓣贝鞚� 鞝侅毄霅╇媹雼�. Maxim Group LLC臧� 雼弲 氚办箻 雽�毽澑鞙茧 頇滊彊頃橂┌, 靾橃垬耄尩鐢 瓿店皽霅橃 鞎婌晿鞀惦媹雼�.
鞛愲掣 鞁滌灔鞐� 氙胳箻电� 鞓來枼: 歃夑皝鞝侅澑 頋劃鞚� 靸堧 氚滍枆霅樀鐢 欤检嫕 靾�(~595毵� 欤�)鞕� 鞗岆煱韸� 頄夓偓 鞁� 氚滌儩頃� 靾� 鞛埖鐢 氙鸽灅 頋劃鞚� 韽暔頃╇媹雼�. Nano Labs鞚� 鞚茧皹 鞙犿喌 欤检嫕 靾橂ゼ 旮办鞙茧 鞁犼窚 氚滍枆 攴滊电� 靸侂嫻頃� 韼胳澊雮�, 須岇偓电� 頋劃 牍勳湪鞚� 瓿店皽頃橃 鞎婌晿鞀惦媹雼�. 雼渼 臧�瓴╆臣 10.00雼煬 頄夓偓 臧�瓴� 臧� 1.60雼煬 彀澊电� 韴瀽鞛愳棎瓴� 靸侅姽 鞛犾灛霠レ潉 鞝滉车頃橃毵� 歃夑皝鞝侅澑 頄夓偓电� 鞝滍暅頃� 2彀� 頋劃瓿� 順勱笀 鞙犾瀰鞚� 歆�鞐办嫓韨惦媹雼�.
鞝勲灥鞝� 毵ル澖: 鞁犾瀽氤胳潉 歆侅爲 BNB搿� 鞝勴櫂頃橁赴搿� 頃� 瓴办爼鞚� 須岇偓鞚� Web 3.0 欷戩嫭 雽�彀寑臁绊憸 鞝勲灥鞚� 瓿店博鞝侅溂搿� 頇曥灔頃樀鐢 瓴冹瀰雼堧嫟. 鞚疙攧霛� 欷戩嫭 鞝勲灥瓿检潣 鞝曤牞鞚� 靸濏儨瓿� 鞁滊剤歆�毳� 雴掛澕 靾� 鞛堨毵�, 鞎旐樃頇旐彁 氤�霃欖劚 鞙勴棙鞚� 歃濌皜鞁滍偆瓿�, 鞛 鞛愳偘鞚� 鞁滌灔 氤�霃欖劚, 攴滌牅 臧愳嫓 氚� 氚旍澊雮胳姢 甏�霠� 瓯半灅 靸侂寑氚� 鞙勴棙鞐� 雲胳稖鞁滍偟雼堧嫟.
韴瀽鞛愲ゼ 鞙勴暅 欤检殧 鞁滌偓鞝�: (1) Nano Labs电� 雼赴 鞙犽彊靹� 5,000毵� 雼煬毳� 頇曤炒頃橃毵� 欤检嫕 頋劃 牍勳毄鞚� 氚滌儩頃╇媹雼�; (2) 靾橃澋旮堨澊 雼澕 鞎旐樃頇旐彁 鞛愳偘鞐� 鞝勳爜鞙茧 頃犽嫻霅橃柎 鞛 靹标臣 氤�霃欖劚鞚� 旎れ雼堧嫟; (3) 鞗岆煱韸� 臁瓣贝鞚� 頄ロ泟 欤缄皜 靸侅姽 鞁� 頄夓偓霅� 瓴届毎 斓滊寑 5,950毵� 雼煬(595毵� 脳 10.00雼煬)鞚� 順勱笀鞚� 於旉皜搿� 鞙犾瀰頃� 靾� 鞛堨姷雼堧嫟.
Nano Labs Ltd (Nasdaq : NA) a d茅pos茅 un formulaire 6-K pour annoncer le prix d'une lev茅e de fonds de 50 millions de dollars combinant (1) une offre directe enregistr茅e de 5 952 381 actions ordinaires de classe A et (2) un placement priv茅 simultan茅 de bons de souscription permettant d'acheter un nombre 茅gal d'actions. Chaque unit茅 action-bon est fix茅e 脿 8,40 dollars, ce qui implique un produit brut d'environ 50 millions de dollars avant frais de placement et autres co没ts de transaction. Les bons sont imm茅diatement exer莽ables, ont une dur茅e de cinq ans 脿 compter de la date d'enregistrement effective, et comportent un prix d'exercice initial de 10,00 dollars par action, soumis aux ajustements anti-dilution standards.
Utilisation des fonds : La direction indique que le produit net 鈥� ainsi que toute tr茅sorerie future g茅n茅r茅e par l'exercice des bons 鈥� sera utilis茅 pour acqu茅rir du BNB (Binance Coin) dans le cadre de la strat茅gie 茅volutive de tr茅sorerie en actifs num茅riques de Nano Labs. Aucun autre usage op茅rationnel ou comptable n'a 茅t茅 divulgu茅, sugg茅rant une d茅marche cibl茅e visant 脿 accro卯tre l'exposition aux r茅serves libell茅es en cryptomonnaies plut么t qu'脿 financer le fonds de roulement ou la R&D.
Structure et calendrier : La composante actions est 茅mise sous la d茅claration d'enregistrement existante de la soci茅t茅 (Formulaire F-3 n掳 333-273968), d茅clar茅e effective le 1er septembre 2023. Les bons et les actions ordinaires pouvant 锚tre 茅mises 脿 l'exercice sont propos茅s en priv茅 selon la Section 4(a)(2) et le R猫glement D, et ne sont donc pas enregistr茅s. La cl么ture est pr茅vue aux alentours du 27 juin 2025, sous r茅serve des conditions habituelles. Maxim Group LLC agit en tant qu'agent unique de placement ; ses frais n'ont pas 茅t茅 pr茅cis茅s.
Implications sur le march茅 des capitaux : La dilution imm茅diate correspondra au nombre d'actions nouvellement 茅mises (~5,95 millions), plus une dilution potentielle future si les bons sont exerc茅s. Sur la base des donn茅es typiques du flottant de Nano Labs, cette nouvelle 茅mission semble significative, bien que la soci茅t茅 n'ait pas divulgu茅 le pourcentage de dilution. L'茅cart de 1,60 dollar entre le prix de l'unit茅 et le prix d'exercice 脿 10,00 dollars offre aux investisseurs un potentiel de plus-value, tout en limitant la probabilit茅 d'exercice imm茅diat, retardant ainsi la dilution secondaire et l'entr茅e de tr茅sorerie.
Contexte strat茅gique : La d茅cision de convertir directement les nouveaux capitaux en BNB marque une expansion agressive de la strat茅gie de bilan centr茅e sur le Web 3.0 de l'entreprise. Bien que l'alignement avec son focus infrastructure puisse renforcer la synergie de l'茅cosyst猫me, cela augmente 茅galement le risque de volatilit茅 crypto et soumet les actifs de tr茅sorerie aux fluctuations du march茅, 脿 la surveillance r茅glementaire et aux consid茅rations de contrepartie li茅es 脿 Binance.
Points cl茅s pour les investisseurs : (1) Nano Labs s茅curise 50 millions de dollars de liquidit茅s 脿 court terme, mais au prix d'une dilution des actions ; (2) les fonds destin茅s exclusivement 脿 un seul actif crypto amplifient la variabilit茅 des performances financi猫res ; (3) les conditions des bons pourraient injecter 59,5 millions de dollars suppl茅mentaires (5,95 millions 脳 10,00 dollars) en liquidit茅s si exerc茅es, sous r茅serve d'une appr茅ciation future du cours de l'action.
Nano Labs Ltd (Nasdaq: NA) hat ein Formular 6-K eingereicht, um die Preisgestaltung einer Kapitalerh枚hung in H枚he von 50 Millionen US-Dollar bekannt zu geben, die (1) ein registriertes Direktangebot von 5.952.381 Class-A-Stammaktien und (2) eine gleichzeitige Privatplatzierung von Warrants zum Kauf einer gleichen Anzahl von Aktien kombiniert. Jede Aktie-Warrant-Einheit wird zu 8,40 US-Dollar bewertet, was einen Bruttoerl枚s von etwa 50 Millionen US-Dollar vor Platzierungsgeb眉hren und sonstigen Transaktionskosten impliziert. Die Warrants sind sofort aus眉bbar, haben eine Laufzeit von f眉nf Jahren ab dem Wirksamkeitsdatum der Registrierung und einen anf盲nglichen Aus眉bungspreis von 10,00 US-Dollar pro Aktie, vorbehaltlich 眉blicher Verw盲sserungsschutzanpassungen.
Verwendung der Erl枚se: Das Management erkl盲rt, dass die Nettoerl枚se 鈥� zusammen mit zuk眉nftigen Einnahmen aus der Aus眉bung der Warrants 鈥� zum Erwerb von BNB (Binance Coin) im Rahmen der sich entwickelnden Digital-Asset-Treasury-Strategie von Nano Labs eingesetzt werden. Es wurden keine weiteren operativen oder bilanzbezogenen Verwendungszwecke offengelegt, was auf eine gezielte Ma脽nahme zur Erh枚hung der Krypto-Reserveexponierung und nicht zur Finanzierung von Betriebskapital oder F&E hinweist.
Struktur & Zeitplan: Die Eigenkapitalkomponente wird unter der bestehenden Shelf-Registrierung der Gesellschaft (Formular F-3 Nr. 333-273968) ausgegeben, die am 1. September 2023 wirksam wurde. Die Warrants und die bei Aus眉bung auszugebenden Stammaktien werden privat gem盲脽 Abschnitt 4(a)(2) und Regulation D angeboten und bleiben daher nicht registriert. Der Abschluss wird voraussichtlich um den 27. Juni 2025 erfolgen, vorbehaltlich 眉blicher Bedingungen. Maxim Group LLC fungiert als alleiniger Platzierungsagent; dessen Geb眉hren wurden nicht angegeben.
Auswirkungen auf den Kapitalmarkt: Die sofortige Verw盲sserung entspricht der Anzahl der neu ausgegebenen Aktien (~5,95 Millionen) zuz眉glich einer m枚glichen zuk眉nftigen Verw盲sserung durch Aus眉bung der Warrants. Basierend auf typischen Free-Float-Daten von Nano Labs erscheint die neue Emission signifikant, obwohl das Unternehmen den prozentualen Verw盲sserungsgrad nicht offenlegte. Der Spread von 1,60 US-Dollar zwischen dem Einheitspreis und dem Aus眉bungspreis von 10,00 US-Dollar bietet Investoren ein Aufw盲rtspotenzial, begrenzt jedoch die Wahrscheinlichkeit einer sofortigen Aus眉bung, wodurch sekund盲re Verw盲sserung und Kapitalzufluss verz枚gert werden.
Strategischer Kontext: Die Entscheidung, frisches Kapital direkt in BNB umzuwandeln, markiert eine aggressive Erweiterung der Web-3.0-zentrierten Bilanzstrategie des Unternehmens. W盲hrend die Ausrichtung an ihrem Infrastrukturfokus die 脰kosystem-Synergie verbessern k枚nnte, erh枚ht sie auch das 碍谤测辫迟辞-痴辞濒补迟颈濒颈迟盲迟蝉谤颈蝉颈办辞 und setzt Treasury-Assets Marktschwankungen, regulatorischer Pr眉fung und Gegenparteirisiken im Zusammenhang mit Binance aus.
Wichtige Erkenntnisse f眉r Investoren: (1) Nano Labs sichert sich kurzfristig 50 Millionen US-Dollar Liquidit盲t, allerdings auf Kosten einer Aktienverw盲sserung; (2) die ausschlie脽lich f眉r einen einzelnen Krypto-Asset vorgesehenen Erl枚se verst盲rken die Schwankungen der finanziellen Leistung; (3) die Bedingungen der Warrants k枚nnten bei Aus眉bung zus盲tzliche 59,5 Millionen US-Dollar (5,95 Mio. 脳 10,00 US-Dollar) an Kapital zuf眉hren, abh盲ngig von einer zuk眉nftigen Aktienkurssteigerung.
- None.
- None.
Insights
TL;DR: Capital raise boosts liquidity but dilutes equity; proceeds diverted to BNB adds volatility, keeping fundamental outlook neutral.
The $50 million registered direct offering increases cash reserves immediately, yet issuance of ~6 million shares is dilutive. Unit pricing at $8.40, a likely discount to market, signals limited institutional demand depth. While warrants at $10.00 may provide deferred capital, they cap upside near-term due to overhang risk. Direct conversion of funds into BNB reflects alignment with Nano鈥檚 Web 3.0 positioning but introduces mark-to-market volatility to treasury, potentially masking operating results. No guidance on percentage dilution, fee structure, or hedging mechanisms leaves valuation impact uncertain. Overall, the deal is financially neutral: cash inflow offsets dilution, but strategic risk elevates beta.
TL;DR: Dedicated $50 million BNB purchase underscores bold Web 3.0 thesis, strengthening ecosystem credibility and potential yield opportunities.
Nano Labs鈥� plan to allocate fresh equity capital entirely into BNB is a notable endorsement of the Binance chain. Such a treasury move can unlock on-chain utility鈥攕taking, liquidity provision or validator participation鈥攅nhancing revenue diversification. Five-year warrants priced 19% above the unit price imply investor confidence in medium-term equity appreciation once BNB-linked initiatives mature. Regulatory risk exists, but the SEC-filed 6-K demonstrates procedural compliance. Strategically, the raise accelerates Nano鈥檚 transition from hardware-centric model to a broader crypto-asset manager profile, potentially raising its valuation multiples within the Web 3.0 peer group.
Nano Labs Ltd (Nasdaq: NA) ha depositato un Modulo 6-K per annunciare il prezzo di un incremento di capitale da 50 milioni di dollari che combina (1) un'offerta diretta registrata di 5.952.381 azioni ordinarie di Classe A e (2) un collocamento privato simultaneo di warrant per acquistare un numero pari di azioni. Ogni unit脿 azione-warrant 猫 quotata a 8,40 dollari, implicando un ricavo lordo di circa 50 milioni di dollari prima delle commissioni di collocamento e altri costi di transazione. I warrant sono immediatamente esercitabili, hanno una durata di cinque anni dalla data di registrazione effettiva e prevedono un prezzo di esercizio iniziale di 10,00 dollari per azione, soggetto a normali aggiustamenti anti-diluizione.
Utilizzo dei proventi: La direzione dichiara che i proventi netti 鈥� insieme a eventuali futuri incassi derivanti dall鈥檈sercizio dei warrant 鈥� saranno impiegati per acquisire BNB (Binance Coin) nell鈥檃mbito della strategia in evoluzione di Nano Labs per la tesoreria in asset digitali. Non sono stati comunicati altri scopi operativi o di bilancio, suggerendo un鈥檃zione mirata ad aumentare l鈥檈sposizione alle riserve denominate in criptovalute piuttosto che finanziare capitale circolante o ricerca e sviluppo.
Struttura e tempistiche: La componente azionaria 猫 emessa sotto la dichiarazione di registrazione esistente della Societ脿 (Modulo F-3 n. 333-273968), dichiarata efficace il 1掳 settembre 2023. I warrant e le azioni ordinarie emesse al momento dell鈥檈sercizio sono offerti privatamente ai sensi della Sezione 4(a)(2) e del Regolamento D e pertanto non sono registrati. La chiusura 猫 prevista intorno al 27 giugno 2025, soggetta a condizioni consuete. Maxim Group LLC agisce come unico agente di collocamento; le sue commissioni non sono state specificate.
Implicazioni sul mercato dei capitali: La diluizione immediata corrisponder脿 al nuovo numero di azioni emesse (~5,95 milioni), oltre a una potenziale diluizione futura qualora i warrant vengano esercitati. Basandosi sui dati tipici del flottante di Nano Labs, l鈥檈missione appare significativa, anche se la societ脿 non ha divulgato la percentuale di diluizione. Il differenziale di 1,60 dollari tra il prezzo dell鈥檜nit脿 e il prezzo di esercizio a 10,00 dollari offre agli investitori un potenziale rialzo, limitando per貌 la probabilit脿 di esercizio immediato e quindi posticipando la diluizione secondaria e l鈥檃fflusso di cassa.
Contesto strategico: La decisione di convertire il nuovo capitale direttamente in BNB rappresenta un鈥檈spansione aggressiva della strategia di bilancio incentrata sul Web 3.0 della societ脿. Sebbene l鈥檃llineamento con il suo focus infrastrutturale possa migliorare la sinergia nell鈥檈cosistema, comporta anche un rischio di volatilit脿 crypto e sottopone gli asset di tesoreria a oscillazioni di mercato, scrutinio regolamentare e considerazioni di controparte legate a Binance.
Punti chiave per gli investitori: (1) Nano Labs ottiene 50 milioni di dollari di liquidit脿 a breve termine, ma a costo di una diluizione azionaria; (2) i proventi destinati esclusivamente a un singolo asset crypto aumentano la variabilit脿 della performance finanziaria; (3) i termini dei warrant potrebbero generare ulteriori 59,5 milioni di dollari (5,95 milioni 脳 10,00 dollari) di liquidit脿 se esercitati, condizionati all鈥檃pprezzamento futuro del prezzo azionario.
Nano Labs Ltd (Nasdaq: NA) present贸 un Formulario 6-K para anunciar el precio de una emisi贸n de capital por 50 millones de d贸lares que combina (1) una oferta directa registrada de 5.952.381 acciones ordinarias Clase A y (2) una colocaci贸n privada concurrente de warrants para comprar un n煤mero igual de acciones. Cada unidad de acci贸n y warrant tiene un precio de 8,40 d贸lares, lo que implica ingresos brutos aproximados de 50 millones de d贸lares antes de comisiones de colocaci贸n y otros costos de transacci贸n. Los warrants son ejercitables inmediatamente, tienen un plazo de cinco a帽os desde la fecha efectiva de registro y cuentan con un precio inicial de ejercicio de 10,00 d贸lares por acci贸n, sujeto a ajustes est谩ndar anti-diluci贸n.
Uso de los ingresos: La direcci贸n indica que los ingresos netos 鈥攋unto con cualquier efectivo futuro generado por el ejercicio de los warrants鈥� se utilizar谩n para adquirir BNB (Binance Coin) como parte de la estrategia en evoluci贸n de Nano Labs para la tesorer铆a en activos digitales. No se revelaron otros usos operativos o de balance, lo que sugiere un movimiento enfocado en aumentar la exposici贸n a reservas denominadas en criptomonedas en lugar de financiar capital de trabajo o I+D.
Estructura y cronograma: El componente accionario se emite bajo la declaraci贸n de registro en vigor de la Compa帽铆a (Formulario F-3 No. 333-273968), declarada efectiva el 1 de septiembre de 2023. Los warrants y las acciones ordinarias emitibles al ejercerlos se ofrecen de forma privada bajo la Secci贸n 4(a)(2) y el Reglamento D, por lo que permanecen no registrados. El cierre se espera alrededor del 27 de junio de 2025, sujeto a condiciones habituales. Maxim Group LLC act煤a como 煤nico agente colocador; sus honorarios no fueron especificados.
Implicaciones en el mercado de capitales: La diluci贸n inmediata ser谩 igual al nuevo n煤mero de acciones emitidas (~5,95 millones), m谩s una posible diluci贸n futura si se ejercen los warrants. Seg煤n datos t铆picos de free float para Nano Labs, la nueva emisi贸n parece significativa, aunque la compa帽铆a no divulg贸 el porcentaje de diluci贸n. El diferencial de 1,60 d贸lares entre el precio de la unidad y el precio de ejercicio de 10,00 d贸lares ofrece a los inversores un potencial de ganancia, pero limita la probabilidad de ejercicio inmediato, posponiendo as铆 la diluci贸n secundaria y la entrada de efectivo.
Contexto estrat茅gico: La decisi贸n de convertir el capital fresco directamente en BNB representa una expansi贸n agresiva de la estrategia de balance centrada en Web 3.0 de la empresa. Aunque la alineaci贸n con su enfoque en infraestructura podr铆a mejorar la sinergia del ecosistema, tambi茅n aumenta el riesgo de volatilidad cripto y somete los activos de tesorer铆a a fluctuaciones del mercado, escrutinio regulatorio y consideraciones de contraparte relacionadas con Binance.
Puntos clave para los inversores: (1) Nano Labs asegura 50 millones de d贸lares en liquidez a corto plazo, pero a costa de diluci贸n accionaria; (2) los ingresos destinados exclusivamente a un solo activo cripto amplifican la variabilidad del desempe帽o financiero; (3) los t茅rminos de los warrants podr铆an inyectar 59,5 millones de d贸lares adicionales (5,95 millones 脳 10,00 d贸lares) en efectivo si se ejercen, condicionado a la apreciaci贸n futura del precio de la acci贸n.
Nano Labs Ltd (雮橃姢雼�: NA)电� 5,000毵� 雼煬 鞛愲掣 臁半嫭 臧�瓴╈潉 氚滍憸頃橁赴 鞙勴暣 Form 6-K毳� 鞝滌稖頄堨姷雼堧嫟. 鞚措矆 臁半嫭鞚� (1) 5,952,381欤检潣 韥措灅鞀� A 氤错喌欤� 霌彪 歆侅爲 瓿惦鞕� (2) 霃欖澕 靾橂焿鞚� 欤检嫕鞚� 毵れ垬頃� 靾� 鞛埖鐢 鞗岆煱韸胳潣 霃欖嫓 靷 氚滍枆鞚� 瓴绊暕頃� 瓴冹瀰雼堧嫟. 欤检嫕瓿� 鞗岆煱韸� 雼渼 臧�瓴╈潃 8.40雼煬搿�, 氚办箻 靾橃垬耄� 氚� 旮绊儉 瓯半灅 牍勳毄鞚� 鞝滌櫢頃� 鞎� 5,000毵� 雼煬鞚� 齑� 靾橃澋鞚� 鞚橂頃╇媹雼�. 鞗岆煱韸傅鐢 歃夓嫓 頄夓偓 臧�電ロ晿氅�, 須牓 氚滌儩鞚茧攵�韯� 5雲勱皠 鞙犿毃頃橁碃, 齑堦赴 頄夓偓 臧�瓴╈潃 欤茧嫻 10.00雼煬鞚措┌, 響滌 頋劃 氚╈ 臁办爼鞚� 鞝侅毄霅╇媹雼�.
鞛愱笀 靷毄 瓿勴殟: 瓴届榿歆勳潃 靾滌垬鞚店臣 鞗岆煱韸� 頄夓偓搿� 氚滌儩頃樀鐢 氙鸽灅 順勱笀鞚� 頃粯 靷毄頃橃棳 Nano Labs鞚� 歆勴檾頃樀鐢 霐旍韯� 鞛愳偘 鞛 鞝勲灥鞚� 鞚柬櫂鞙茧 BNB(氚旍澊雮胳姢 旖旍澑)鞚� 毵れ瀰頃� 鞓堨爼鞚措澕瓿� 氚濏様鞀惦媹雼�. 旮绊儉 鞖挫榿 氇╈爜鞚措倶 雽�彀寑臁绊憸 鞖╇弰电� 瓿店皽頃橃 鞎婌晞, 鞖挫爠鞛愲掣鞚措倶 鞐瓣惮臧滊皽 鞛愱笀 臁半嫭氤措嫟电� 鞎旐樃頇旐彁搿� 響滌嫓霅� 欷�牍勱笀 雲胳稖鞚� 電橂Μ霠さ鐢 氇╉憸靹� 臁办箻鞛勳潉 鞁滌偓頃╇媹雼�.
甑“ 氚� 鞚检爼: 欤检嫕 甑劚 鞖旍唽电� 須岇偓鞚� 旮办〈 靹犽皹 霌彪靹�(Form F-3 No. 333-273968)鞐� 霐半澕 氚滍枆霅橃棃鞙茧┌, 2023雲� 9鞗� 1鞚检棎 須牓鞚� 氚滌儩頄堨姷雼堧嫟. 鞗岆煱韸� 氚� 頄夓偓 鞁� 氚滍枆霅樀鐢 氤错喌欤嫉鐢 靹轨厴 4(a)(2) 氚� 攴滌爼 D鞐� 霐半澕 牍勱车臧滊 鞝滉车霅橃柎 霌彪霅橃 鞎婌晿鞀惦媹雼�. 瓯半灅 膦呺电� 2025雲� 6鞗� 27鞚缄步搿� 鞓堨儊霅橂┌, 韱奠儊鞝侅澑 臁瓣贝鞚� 鞝侅毄霅╇媹雼�. Maxim Group LLC臧� 雼弲 氚办箻 雽�毽澑鞙茧 頇滊彊頃橂┌, 靾橃垬耄尩鐢 瓿店皽霅橃 鞎婌晿鞀惦媹雼�.
鞛愲掣 鞁滌灔鞐� 氙胳箻电� 鞓來枼: 歃夑皝鞝侅澑 頋劃鞚� 靸堧 氚滍枆霅樀鐢 欤检嫕 靾�(~595毵� 欤�)鞕� 鞗岆煱韸� 頄夓偓 鞁� 氚滌儩頃� 靾� 鞛埖鐢 氙鸽灅 頋劃鞚� 韽暔頃╇媹雼�. Nano Labs鞚� 鞚茧皹 鞙犿喌 欤检嫕 靾橂ゼ 旮办鞙茧 鞁犼窚 氚滍枆 攴滊电� 靸侂嫻頃� 韼胳澊雮�, 須岇偓电� 頋劃 牍勳湪鞚� 瓿店皽頃橃 鞎婌晿鞀惦媹雼�. 雼渼 臧�瓴╆臣 10.00雼煬 頄夓偓 臧�瓴� 臧� 1.60雼煬 彀澊电� 韴瀽鞛愳棎瓴� 靸侅姽 鞛犾灛霠レ潉 鞝滉车頃橃毵� 歃夑皝鞝侅澑 頄夓偓电� 鞝滍暅頃� 2彀� 頋劃瓿� 順勱笀 鞙犾瀰鞚� 歆�鞐办嫓韨惦媹雼�.
鞝勲灥鞝� 毵ル澖: 鞁犾瀽氤胳潉 歆侅爲 BNB搿� 鞝勴櫂頃橁赴搿� 頃� 瓴办爼鞚� 須岇偓鞚� Web 3.0 欷戩嫭 雽�彀寑臁绊憸 鞝勲灥鞚� 瓿店博鞝侅溂搿� 頇曥灔頃樀鐢 瓴冹瀰雼堧嫟. 鞚疙攧霛� 欷戩嫭 鞝勲灥瓿检潣 鞝曤牞鞚� 靸濏儨瓿� 鞁滊剤歆�毳� 雴掛澕 靾� 鞛堨毵�, 鞎旐樃頇旐彁 氤�霃欖劚 鞙勴棙鞚� 歃濌皜鞁滍偆瓿�, 鞛 鞛愳偘鞚� 鞁滌灔 氤�霃欖劚, 攴滌牅 臧愳嫓 氚� 氚旍澊雮胳姢 甏�霠� 瓯半灅 靸侂寑氚� 鞙勴棙鞐� 雲胳稖鞁滍偟雼堧嫟.
韴瀽鞛愲ゼ 鞙勴暅 欤检殧 鞁滌偓鞝�: (1) Nano Labs电� 雼赴 鞙犽彊靹� 5,000毵� 雼煬毳� 頇曤炒頃橃毵� 欤检嫕 頋劃 牍勳毄鞚� 氚滌儩頃╇媹雼�; (2) 靾橃澋旮堨澊 雼澕 鞎旐樃頇旐彁 鞛愳偘鞐� 鞝勳爜鞙茧 頃犽嫻霅橃柎 鞛 靹标臣 氤�霃欖劚鞚� 旎れ雼堧嫟; (3) 鞗岆煱韸� 臁瓣贝鞚� 頄ロ泟 欤缄皜 靸侅姽 鞁� 頄夓偓霅� 瓴届毎 斓滊寑 5,950毵� 雼煬(595毵� 脳 10.00雼煬)鞚� 順勱笀鞚� 於旉皜搿� 鞙犾瀰頃� 靾� 鞛堨姷雼堧嫟.
Nano Labs Ltd (Nasdaq : NA) a d茅pos茅 un formulaire 6-K pour annoncer le prix d'une lev茅e de fonds de 50 millions de dollars combinant (1) une offre directe enregistr茅e de 5 952 381 actions ordinaires de classe A et (2) un placement priv茅 simultan茅 de bons de souscription permettant d'acheter un nombre 茅gal d'actions. Chaque unit茅 action-bon est fix茅e 脿 8,40 dollars, ce qui implique un produit brut d'environ 50 millions de dollars avant frais de placement et autres co没ts de transaction. Les bons sont imm茅diatement exer莽ables, ont une dur茅e de cinq ans 脿 compter de la date d'enregistrement effective, et comportent un prix d'exercice initial de 10,00 dollars par action, soumis aux ajustements anti-dilution standards.
Utilisation des fonds : La direction indique que le produit net 鈥� ainsi que toute tr茅sorerie future g茅n茅r茅e par l'exercice des bons 鈥� sera utilis茅 pour acqu茅rir du BNB (Binance Coin) dans le cadre de la strat茅gie 茅volutive de tr茅sorerie en actifs num茅riques de Nano Labs. Aucun autre usage op茅rationnel ou comptable n'a 茅t茅 divulgu茅, sugg茅rant une d茅marche cibl茅e visant 脿 accro卯tre l'exposition aux r茅serves libell茅es en cryptomonnaies plut么t qu'脿 financer le fonds de roulement ou la R&D.
Structure et calendrier : La composante actions est 茅mise sous la d茅claration d'enregistrement existante de la soci茅t茅 (Formulaire F-3 n掳 333-273968), d茅clar茅e effective le 1er septembre 2023. Les bons et les actions ordinaires pouvant 锚tre 茅mises 脿 l'exercice sont propos茅s en priv茅 selon la Section 4(a)(2) et le R猫glement D, et ne sont donc pas enregistr茅s. La cl么ture est pr茅vue aux alentours du 27 juin 2025, sous r茅serve des conditions habituelles. Maxim Group LLC agit en tant qu'agent unique de placement ; ses frais n'ont pas 茅t茅 pr茅cis茅s.
Implications sur le march茅 des capitaux : La dilution imm茅diate correspondra au nombre d'actions nouvellement 茅mises (~5,95 millions), plus une dilution potentielle future si les bons sont exerc茅s. Sur la base des donn茅es typiques du flottant de Nano Labs, cette nouvelle 茅mission semble significative, bien que la soci茅t茅 n'ait pas divulgu茅 le pourcentage de dilution. L'茅cart de 1,60 dollar entre le prix de l'unit茅 et le prix d'exercice 脿 10,00 dollars offre aux investisseurs un potentiel de plus-value, tout en limitant la probabilit茅 d'exercice imm茅diat, retardant ainsi la dilution secondaire et l'entr茅e de tr茅sorerie.
Contexte strat茅gique : La d茅cision de convertir directement les nouveaux capitaux en BNB marque une expansion agressive de la strat茅gie de bilan centr茅e sur le Web 3.0 de l'entreprise. Bien que l'alignement avec son focus infrastructure puisse renforcer la synergie de l'茅cosyst猫me, cela augmente 茅galement le risque de volatilit茅 crypto et soumet les actifs de tr茅sorerie aux fluctuations du march茅, 脿 la surveillance r茅glementaire et aux consid茅rations de contrepartie li茅es 脿 Binance.
Points cl茅s pour les investisseurs : (1) Nano Labs s茅curise 50 millions de dollars de liquidit茅s 脿 court terme, mais au prix d'une dilution des actions ; (2) les fonds destin茅s exclusivement 脿 un seul actif crypto amplifient la variabilit茅 des performances financi猫res ; (3) les conditions des bons pourraient injecter 59,5 millions de dollars suppl茅mentaires (5,95 millions 脳 10,00 dollars) en liquidit茅s si exerc茅es, sous r茅serve d'une appr茅ciation future du cours de l'action.
Nano Labs Ltd (Nasdaq: NA) hat ein Formular 6-K eingereicht, um die Preisgestaltung einer Kapitalerh枚hung in H枚he von 50 Millionen US-Dollar bekannt zu geben, die (1) ein registriertes Direktangebot von 5.952.381 Class-A-Stammaktien und (2) eine gleichzeitige Privatplatzierung von Warrants zum Kauf einer gleichen Anzahl von Aktien kombiniert. Jede Aktie-Warrant-Einheit wird zu 8,40 US-Dollar bewertet, was einen Bruttoerl枚s von etwa 50 Millionen US-Dollar vor Platzierungsgeb眉hren und sonstigen Transaktionskosten impliziert. Die Warrants sind sofort aus眉bbar, haben eine Laufzeit von f眉nf Jahren ab dem Wirksamkeitsdatum der Registrierung und einen anf盲nglichen Aus眉bungspreis von 10,00 US-Dollar pro Aktie, vorbehaltlich 眉blicher Verw盲sserungsschutzanpassungen.
Verwendung der Erl枚se: Das Management erkl盲rt, dass die Nettoerl枚se 鈥� zusammen mit zuk眉nftigen Einnahmen aus der Aus眉bung der Warrants 鈥� zum Erwerb von BNB (Binance Coin) im Rahmen der sich entwickelnden Digital-Asset-Treasury-Strategie von Nano Labs eingesetzt werden. Es wurden keine weiteren operativen oder bilanzbezogenen Verwendungszwecke offengelegt, was auf eine gezielte Ma脽nahme zur Erh枚hung der Krypto-Reserveexponierung und nicht zur Finanzierung von Betriebskapital oder F&E hinweist.
Struktur & Zeitplan: Die Eigenkapitalkomponente wird unter der bestehenden Shelf-Registrierung der Gesellschaft (Formular F-3 Nr. 333-273968) ausgegeben, die am 1. September 2023 wirksam wurde. Die Warrants und die bei Aus眉bung auszugebenden Stammaktien werden privat gem盲脽 Abschnitt 4(a)(2) und Regulation D angeboten und bleiben daher nicht registriert. Der Abschluss wird voraussichtlich um den 27. Juni 2025 erfolgen, vorbehaltlich 眉blicher Bedingungen. Maxim Group LLC fungiert als alleiniger Platzierungsagent; dessen Geb眉hren wurden nicht angegeben.
Auswirkungen auf den Kapitalmarkt: Die sofortige Verw盲sserung entspricht der Anzahl der neu ausgegebenen Aktien (~5,95 Millionen) zuz眉glich einer m枚glichen zuk眉nftigen Verw盲sserung durch Aus眉bung der Warrants. Basierend auf typischen Free-Float-Daten von Nano Labs erscheint die neue Emission signifikant, obwohl das Unternehmen den prozentualen Verw盲sserungsgrad nicht offenlegte. Der Spread von 1,60 US-Dollar zwischen dem Einheitspreis und dem Aus眉bungspreis von 10,00 US-Dollar bietet Investoren ein Aufw盲rtspotenzial, begrenzt jedoch die Wahrscheinlichkeit einer sofortigen Aus眉bung, wodurch sekund盲re Verw盲sserung und Kapitalzufluss verz枚gert werden.
Strategischer Kontext: Die Entscheidung, frisches Kapital direkt in BNB umzuwandeln, markiert eine aggressive Erweiterung der Web-3.0-zentrierten Bilanzstrategie des Unternehmens. W盲hrend die Ausrichtung an ihrem Infrastrukturfokus die 脰kosystem-Synergie verbessern k枚nnte, erh枚ht sie auch das 碍谤测辫迟辞-痴辞濒补迟颈濒颈迟盲迟蝉谤颈蝉颈办辞 und setzt Treasury-Assets Marktschwankungen, regulatorischer Pr眉fung und Gegenparteirisiken im Zusammenhang mit Binance aus.
Wichtige Erkenntnisse f眉r Investoren: (1) Nano Labs sichert sich kurzfristig 50 Millionen US-Dollar Liquidit盲t, allerdings auf Kosten einer Aktienverw盲sserung; (2) die ausschlie脽lich f眉r einen einzelnen Krypto-Asset vorgesehenen Erl枚se verst盲rken die Schwankungen der finanziellen Leistung; (3) die Bedingungen der Warrants k枚nnten bei Aus眉bung zus盲tzliche 59,5 Millionen US-Dollar (5,95 Mio. 脳 10,00 US-Dollar) an Kapital zuf眉hren, abh盲ngig von einer zuk眉nftigen Aktienkurssteigerung.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16
OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of June 2025
Commission File Number: 001-41426
Nano Labs Ltd
(Exact name of registrant as specified in its charter)
China Yuangu Hanggang Technology Building
509 Qianjiang Road, Shangcheng District,
Hangzhou, Zhejiang, 310000
People’s Republic of China
(Address of principal executive office)
_____________________
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F ☒ Form 40-F ☐
____________________
EXPLANATORY NOTE
This Form 6-K is hereby incorporated by reference into the Registrant’s Registration Statement on initially filed with the U.S. Securities and Exchange Commission on August 14, 2023 (Registration No. 333-273968) and shall be a part thereof from the date on which this current report is furnished, to the extent not superseded by documents or reports subsequently filed or furnished.
1
Nano Labs Announces Pricing of $50.0 Million Registered Direct Offering and Concurrent
Private Placement for BNB Treasury Strategy
HONG KONG, June 26, 2025 (GLOBE NEWSWIRE) -- Nano Labs Ltd (Nasdaq: NA) (“we,” the “Company” or “Nano Labs”), a leading Web 3.0 infrastructure and product solution provider in China, today announced that it has entered into a securities purchase agreement with certain institutional investors to purchase 5,952,381 Class A ordinary shares of the Company (the “Ordinary Shares”) in a registered direct offering. In a concurrent private placement, the Company also agreed to issue and sell to the investor warrants to purchase up to 5,952,381 Ordinary Shares. The combined effective offering price for each Ordinary Share and accompanying warrant is $8.40. The warrants are immediately exercisable, expire five years from the date of an effective registration statement, and have an initial exercise price of $10.00 per share which is subject to customary adjustment. The gross proceeds to the Company from the registered direct offering and concurrent private placement are estimated to be approximately $50.0 million before deducting the placement agent’s fees and other estimated offering expenses payable by the Company.
Proceeds from the offering and exercise of the warrants will be used to acquire BNB (Binance Coin) as part of the Company’s digital asset strategy.
The offering is expected to close on or about June 27, 2025, subject to the satisfaction of customary closing conditions.
Maxim Group LLC is acting as the sole placement agent in connection with the offering.
The Ordinary Shares are being offered pursuant to a shelf registration statement on Form F-3 (File No. 333-273968), which was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on September 1, 2023. The offering of Ordinary Shares will be made only by means of a prospectus supplement that forms a part of such registration statement. The warrants to be issued in the concurrent private placement and the Class A ordinary shares issuable upon exercise of such warrants were offered in a private placement under Section 4(a)(2) of the Securities Act of 1933, as amended (the “Act”), and Regulation D promulgated thereunder and have not been registered under the Act or applicable state securities laws.
This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor will there be any sales of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. A prospectus supplement relating to the sales of Ordinary Shares will be filed by the Company with the SEC. When available, copies of the prospectus supplement relating to the registered direct offering, together with the accompanying prospectus, can be obtained at the SEC’s website at www.sec.gov or from Maxim Group LLC, 300 Park Avenue, New York, NY 10022, Attention: Syndicate Department, or via email at [email protected] or telephone at (212) 895-3500.
2
About Nano Labs Ltd
Nano Labs Ltd is a leading Web 3.0 infrastructure and product solution provider in China. Nano Labs is committed to the development of high throughput computing (“HTC”) chips and high performance computing (“HPC”) chips. Nano Labs has built a comprehensive flow processing unit (“FPU”) architecture which offers solution that integrates the features of both HTC and HPC. In addition, it has established Bitcoin value investment and adopted Bitcoin as primary reserve asset. Nano Labs has established an integrated solution platform covering three main business verticals, including HTC solutions and HPC solutions. The HTC solutions feature its proprietary Cuckoo series chips, which have become alternative Application-Specific Integrated Circuit (“ASIC”) solutions for traditional GPUs. For more information, please visit the Company’s website at: ir.nano.cn.
Forward-Looking Statements
This report 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 expected completion, timing and size of the offering and concurrent private placement and the intended use of the proceeds from the offering, 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. Risks and uncertainties that may cause such differences include, among other things: satisfaction of customary closing conditions related to the offering and the sale of the securities and Nano Lab’s ability to complete the offering. 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 and media inquiries, please contact:
Nano Labs Ltd
Email: [email protected]
Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email: [email protected]
3
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Nano Labs Ltd | ||
| By: | /s/ Jianping Kong | |
| Name: | Jianping Kong | |
| Title: | Chairman and Chief Executive Officer | |
Date: June 26, 2025
4
Source:
FAQ
What is Nano Labs (NA) raising in its June 2025 offering?
At what price are the shares and warrants being sold?
How will Nano Labs use the $50 million in proceeds?
When is the offering expected to close?
Who is acting as placement agent for the transaction?
Are the warrants immediately exercisable?
