OtherJun 10, 2026, 03:11 PM
Deep Fission Files S-1 for 2.5M Share IPO, Price $16-$18
AI Summary
Deep Fission, Inc. (FISN) has filed an amended S-1 registration statement for an initial public offering of 2,500,000 shares of common stock, with an anticipated price range of $16.00 to $18.00 per share. The company, which is developing a small modular reactor called the Gravity Reactor, has previously restated its financial statements due to accounting errors related to Simple Agreement for Future Equity (SAFE) Notes and stock-based compensation expense. Additionally, material weaknesses in internal control over financial reporting were identified as of March 31, 2026. Deep Fission is seeking to list its common stock on the Nasdaq Global Market under the symbol 'FISN'.
Key Highlights
- Deep Fission, Inc. is filing an amended S-1 registration statement for a proposed public offering of 2,500,000 shares of common stock.
- The company anticipates a public offering price between $16.00 and $18.00 per share.
- Deep Fission is an emerging growth company and a smaller reporting company.
- The company has previously restated financial statements for fiscal year ended Dec 31, 2024, and periods ended Sep 30, 2024 and 2025 due to accounting errors.
- Material weaknesses in internal control over financial reporting were identified as of March 31, 2026.