Nano Labs Enters $45 Million Sales Agreement for Class A Shares

Nano Labs has entered into a sales agreement for up to $45 million of Class A Ordinary Shares. The company is a China-based holding firm that primarily provides fabless integrated circuit and product solutions. Its main focus is on the development of HTC chips, HPC chips, distributed computing and storage solutions, smart NICs, vision computing chips, and distributed rendering.

Nano Labs Ltd, a leading Web 3.0 infrastructure and product solution provider, has entered into an At-The-Market (ATM) offering agreement to sell up to $45 million of Class A Ordinary Shares. The agreement was announced on August 21, 2025, with Maxim Group LLC acting as the sole sales agent [1].

Nano Labs, a China-based holding company, primarily engages in the provision of fabless integrated circuit (IC) and product solutions. The company's main focus is on the development of high throughput computing (HTC) chips, high-performance computing (HPC) chips, distributed computing and storage solutions, smart network interface cards (NICs), vision computing chips, and distributed rendering [2].

The proceeds from the sale of the Class A Ordinary Shares will be used for BNB and crypto asset reserve strategy, research and development of new products, and general corporate purposes and working capital. The sales will be conducted through the Nasdaq Capital Market or any other existing trading market for the Class A Common Stock [1].

Nano Labs has been actively positioning itself in the crypto assets space, adopting BNB as its primary reserve asset. The company has reserved in mainstream cryptocurrencies including BNB and BTC, and established an integrated platform covering multiple business verticals [1].

The ATM offering is subject to the prospectus supplement filed with the U.S. Securities and Exchange Commission (SEC) on August 21, 2025. Electronic copies of the prospectus supplement and accompanying base prospectus may be obtained on the SEC's website or by contacting Maxim Group LLC [1].

Nano Labs' strategic focus on high-growth AI and HPC ventures is further bolstered by its conservative financial management. The company's ability to generate stable returns while funding cutting-edge technology positions it as a resilient long-term investment. Its fixed-income investments, including corporate bonds and short-term government securities, serve as a liquidity buffer, yield generator, and risk hedger [3].

References:
[1] https://www.morningstar.com/news/globe-newswire/9516154/nano-labs-ltd-announces-entry-into-at-the-market-offering-agreement
[2] https://www.marketscreener.com/news/nano-labs-h1-net-loss-narrows-net-revenue-falls-ce7c51dedc80f320
[3] https://www.ainvest.com/news/tsmc-strategic-fixed-income-allocation-capital-discipline-blueprint-ai-hpc-dominance-2508/