Nano Labs Plunges 10.51% Post Reverse Split

Nano Labs Ltd (NASDAQ:NA) experienced a significant drop of 10.51% in pre-market trading on June 17, 2025, reflecting a notable decline in investor sentiment.

Nano Labs recently underwent a corporate action, specifically a 1:10 reverse stock split. This action means that shareholders will now hold 1 share of NA for every 10 shares of NA previously held, which could impact the stock's liquidity and trading dynamics.

Additionally, the company has been involved in various scientific research initiatives, including studies on controlling the chirality of self-assembled materials and the development of kinetically tunable, subzero-active, visual time–temperature indicators. These advancements in nanotechnology and materials science could potentially drive future growth and innovation for Nano Labs.