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flag Nano Nuclear Energy's stock fell after announcing a $105M funding round for reactor development.

flag Nano Nuclear Energy's stock dropped after it announced a $105 million private placement to sell 3.89 million shares at $27 each, aiming to fund the development of micro nuclear reactors and potential acquisitions. flag Despite the stock falling 3.61% to $34.82, nuclear energy ETFs saw gains, with NUKZ, NLR, and URAN up 2.42%, 2.47%, and 3.09%, respectively. flag The company expects to close the offering on May 28, 2025.

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