Nano labs announces pricing of $5.0 million registered direct offering

Hangzhou, china , april 11, 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 has entered into a securities purchase agreement with certain institutional investors to purchase 4,347,825 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 6,521,737 ordinary shares.
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