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Nano One Materials Corp. Announces Overnight Marketed Offering
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR THE DISSEMINATION, DISTRIBUTION, R...
About this update from Nano One Materials Corp
[{"type":"text","content":"Nano One Materials Corp. Announces Overnight Marketed Offering\n\n\n\n NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR THE DISSEMINATION, DISTRIBUTION, RELEASE OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES\n \n\n VANCOUVER, British Columbia, Dec. 03, 2025 (GLOBE NEWSWIRE) --\n \n Nano One Materials Corp.\n \n (\n \n TSX: NANO\n \n ) (“\n \n Nano One\n \n ” or the “\n \n Company\n \n ”) is pleased to announce that it has launched a “commercially reasonable efforts” overnight marketed underwritten offering (the “\n \n Offering\n \n ”) of units of the Company (the “\n \n Units\n \n ”).\n \n\n The Offering is expected to be completed pursuant to an underwriting agreement (the “\n \n Underwriting Agreement\n \n ”) to be entered into between the Company and Canaccord Genuity Corp. as lead underwriter and sole bookrunner (“\n \n Canaccord Genuity\n \n ” or the “\n \n Lead Underwriter\n \n ”), and a syndicate of underwriters (collectively with the Lead Underwriter, the “\n \n Underwriters\n \n ”). The Company has agreed to grant to the Underwriters an over-allotment option (the “\n \n Over-Allotment Option\n \n ”) exercisable, in whole or in part, in the sole discretion of the Lead Underwriter, to purchase up to an additional 15% of the number of Units sold in the Offering for up to 30 days from the closing date of the Offering. The Over-Allotment Option is exercisable to acquire Units, unit shares and/or warrants (or any combination thereof) at the discretion of the Lead Underwriter.\n \n\n The size of the Offering, the offering price of the Units and the terms of the Units will be determined in the context of the market at the time of entering into the Underwriting Agreement and there can be no assurance as to completion of the Offering. The closing of the Offering is expected to occur on or about December 10, 2025 and will be subject to market and other customary closing conditions.\n \n\n The net proceeds of the Offering are expected to be used for business development activities, expansion of the Company’s Candiac facility, working capital and general corporate purposes.\n \n\n The Offering will be conducted by way of a prospectus supplement (the &#x...