Nano One Closes $6.96 Million Overnight Marketed Offering

Executive Summary

• Nano One Materials Corp. closed its overnight marketed underwritten offering of 4,970,500 units at C$1.40 per unit, generating aggregate gross proceeds of C$6,958,700.
• The offering included a partial exercise of the over‑allotment option (320,500 units) and issued common shares together with half‑share purchase warrants exercisable until December 10 2027.
• Net proceeds are earmarked for research & business development, expansion of the Candiac facility, working capital and general corporate purposes.

Key Details

• Units sold: 4,970,500 (including 320,500 units from over‑allotment).
• Offering price: C$1.40 per unit.
• Gross proceeds: C$6,958,700.
• Unit composition: 1 common share + ½ warrant per unit; each warrant allows purchase of one common share for C$1.75, exercisable until 10 Dec 2027.
• Lead underwriter: Canaccord Genuity Corp.; bookrunners also included Roth Canada, Inc. and Cormark Securities Inc.
• Underwriting fees: Cash fee equal to 6.0% of gross proceeds; reduced to 3.0% for units sold to purchasers on the President’s List, plus compensation warrants at the same percentages.
• Use of proceeds: Research & business development, expansion of Candiac facility, working capital, and general corporate purposes.
• Listing: Common shares issued in the offering are listed on the Toronto Stock Exchange.
• Regulatory notes: Offering conducted under a short‑form prospectus supplement (dated 8 Dec 2025) for Canada (excluding Québec) and via a private placement memorandum in the United States, relying on applicable exemptions.

Notable Quotes

(No direct quotes were provided in the release.)