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Added to YB: 2024-10-04

Pitch date: 2024-10-03

NNE [bearish]

NANO Nuclear Energy Inc.

-4.7%

current return

Author Info

Activist short- and long-research shop publishing investigative reports on publicly traded companies. Visit their website.

Company Info

NANO Nuclear Energy Inc. operates as a microreactor technology company. The company is developing ZEUS, a solid-core battery reactor, and ODIN, a low-pressure coolant reactor.

Market Cap

$529.9M

Pitch Price

$16.80

Price Target

N/A

Dividend

N/A

Sector

Electrical Equipment

Category

N/A

The Rampant Stock Promotion and Undisclosed Related Parties Behind The Empty Shell That is NNE

NNE short: Obvious stock promote led by self-promotional founder with history of failed penny stocks. Zero revenue, patents, full-time employees. Undisclosed related party LIST. Excessive exec comp, dilution coming. Third-tier service providers. Advisors like Theranos 2.0. No gov funding unlike peers. Lack of industry expertise. $529M market cap on $4.5M total R&D spend.

Read full article (16 min)