Nano One Materials Corp. Announces Overnight Marketed Offering

Core Viewpoint - Nano One Materials Corp. has announced a "commercially reasonable efforts" overnight marketed underwritten offering of units to support its business development and expansion activities [1][4]. Offering Details - The offering will be conducted under an underwriting agreement with Canaccord Genuity Corp. as the lead underwriter, and includes an over-allotment option for an additional 15% of the units sold [2]. - The size and pricing of the offering will be determined based on market conditions at the time of the underwriting agreement, with the closing expected around December 10, 2025 [3]. Use of Proceeds - The net proceeds from the offering are intended for business development, expansion of the Candiac facility, working capital, and general corporate purposes [4]. Regulatory and Filing Information - The offering will be conducted via a prospectus supplement to the company's base shelf prospectus, with filings in Canadian provinces (excluding Quebec) and potential private placements in the U.S. [5][6]. Company Overview - Nano One is focused on innovating the production of cathode active materials for lithium-ion batteries, with applications in energy storage, portable electronics, and electric vehicles [8]. - The company utilizes a patented One-Pot process that reduces costs and environmental impact while enhancing supply chain resilience [8][9].