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Nano Labs Announces US$500 Million Convertible Notes Private Placement for BNB Treasury Strategy

Provided By GlobeNewswire

Last update: Jun 24, 2025

HONG KONG, June 24, 2025 (GLOBE NEWSWIRE) -- Nano Labs Ltd (Nasdaq: NA) ("we," the "Company" or "Nano Labs"), a leading Web 3.0 infrastructure and product solution provider in China, today announces that it has entered into a convertible notes purchase agreement (the “Agreement”) under which the Company has agreed to issue, and several investors have agreed to subscribe for, a convertible promissory notes in the aggregate principal amount of US$500 million (the “Notes”).

Read more at globenewswire.com

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