Nano One Reports Q1 2025 Results, Summarizes Activities and Reminds Shareholders of Upcoming AGM

Nano One Reports Q1 2025 Results, Summarizes Activities and Reminds Shareholders of Upcoming AGM

Q1 2025 Results and Subsequent Events

Battery Tech Leader Nano One Secures Massive $26.5M Funding Deal, Posts Surprise Q1 Profit

Battery materials innovator raises $26.5M through strategic funding, achieves profitability. Discover how sale-leaseback deal strengthens balance sheet. See growth strategy.

Nano One Reports Q1 2025 Results, Summarizes Activities and Reminds Shareholders of Upcoming AGM - European Business & Finance Magazine

Q1 2025 Results and Subsequent Events Total net assets of $25.5 million as at Q1 2025, including $26.5 million in non-dilutive funding received in Q1 2025 between sale and leaseback and government programs. Sale and leaseback transaction closes and generates net proceeds of $13.7 million, plus a $2.0 million deferred payment via vendor loan receivable. $0.3 million received subsequent to Q1 2025 from NGen. AGM on May 23, 2025 followed by cor…