Nano One Materials Corp. Completes $14.37 Million Prospectus OfferingOctober 29, 2020
Nano One Materials Corp. (TSXV: NNO) completed an upsized prospectus offering for gross proceeds of $14.37 million. The offering was conducted by Eight Capital and Gravitas Securities Inc. as co-lead agents and joint bookrunners.
Nano One is a clean tech company that has developed patented technology for the low-cost production of high-performance lithium ion battery cathode materials used in electric vehicles, energy storage and consumer electronics. The processing technology enables lower cost feed stocks, simplifies production, and advances performance for a wide range of cathode materials. Nano One has built a demonstration pilot plant and is partnered with global leaders in the lithium ion battery supply chain to advance its lithium iron phosphate (LFP), lithium nickel manganese cobalt oxide (NMC) and lithium nickel manganese oxide (LNM) cathode technologies for large growth opportunities in e-mobility and renewable energy storage applications.
Wildeboer Dellelce LLP acted for the agents in connection with the offering with a team comprised of Perry Dellelce, Michael Rennie, Ragu Anantharajah, Jessica Coco and Julian Lupo (corporate/securities) and Katy Pitch (tax).
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