Corporate ActionJun 22, 2026, 04:27 PM
Deep Fission Completes Public Offering, Raises $40M
AI Summary
Deep Fission, Inc. announced the completion of its public offering, selling 2,500,000 shares of common stock at $16.00 per share. This offering generated gross proceeds of $40 million for the company. The company's common stock commenced trading on the Nasdaq Global Market under the symbol "FISN" on June 18, 2026. Proceeds will be used for general working capital, corporate purposes, and the development of its first pilot nuclear reactor.
Key Highlights
- Completed public offering of 2,500,000 shares of common stock.
- Offering price was $16.00 per share.
- Gross proceeds totaled $40 million before deductions.
- Underwriters granted 30-day option for up to 375,000 additional shares.
- Common Stock began trading on Nasdaq under "FISN" on June 18, 2026.
- Net proceeds to fund general working capital and corporate purposes.
- Funds allocated for engineering, R&D, licensing, and pilot nuclear reactor.
Price Impact
More from FISN