High performance computing (HPC)
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Nano Labs Announces Receipt of US$4.9 Million Equivalent in Bitcoin and USDT from Unregistered Sale of Equity Securities
Prnewswire· 2025-02-28 13:00
Group 1 - Nano Labs Ltd has raised approximately US$5.9 million through a private placement of 913,714 Class A ordinary shares at a price of US$6.46 per share, receiving US$4.9 million in Bitcoin and USDT [1] - The company issued 758,915 Class A ordinary shares to investors as part of this private placement, which was conducted without the need for registration under Section 5 of the Securities Act [1] Group 2 - Nano Labs Ltd is a leading fabless integrated circuit design company in China, focusing on high throughput computing (HTC) chips, high performance computing (HPC) chips, and various computing and storage solutions [3] - The company has developed a comprehensive flow processing unit (FPU) architecture that integrates features of both HTC and HPC, with its Cuckoo series being among the first near-memory HTC chips available in the market [3][4]