# EDGAR Filing Document

**Accession Number:** 0001923891
**File Stem:** 0001493152-25-018872
**Filing Date:** 2025-10
**Character Count:** 24785
**Document Hash:** a7f5a28f6f6e736e3a9a395a52e60c62
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001493152-25-018872.hdr.sgml**: 20251022

**ACCESSION NUMBER**: 0001493152-25-018872

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 16

**CONFORMED PERIOD OF REPORT**: 20251022

**ITEM INFORMATION**: Completion of Acquisition or Disposition of Assets

**ITEM INFORMATION**: Other Events

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20251022

**DATE AS OF CHANGE**: 20251022

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Nano Nuclear Energy Inc.
- **CENTRAL INDEX KEY:** 0001923891
- **STANDARD INDUSTRIAL CLASSIFICATION:** ELECTRIC SERVICES [4911]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 000000000
- **STATE OF INCORPORATION:** NV
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-42044
- **FILM NUMBER:** 251408642

**BUSINESS ADDRESS:**
- **STREET 1:** 10 TIMES SQUARE
- **STREET 2:** 30TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10018
- **BUSINESS PHONE:** 6046875792

**MAIL ADDRESS:**
- **STREET 1:** 10 TIMES SQUARE
- **STREET 2:** 30TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10018

?xml version='1.0' encoding='ASCII'?

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

**PURSUANT TO SECTION 13 OR 15(d) OF THE**

**SECURITIES EXCHANGE ACT OF 1934**

Date of Report (Date of earliest event reported): **October 22, 2025 (October 16, 2025)**

**Nano Nuclear Energy Inc.**

(Exact name of registrant as specified in its charter)

---

| | | |
|:---|:---|:---|
| **Nevada** | **001-42044** | **88-0861977** |
| (State or other jurisdiction<br> of incorporation) | (Commission<br> File Number) | (IRS Employer<br> Identification No.) |

---

**10 Times Square, 30th Floor**

**New York, New York 10018**

(Address of principal executive offices, including zip code)

Registrant's telephone number, including area code: **(212) 634-9206**

**Not Applicable**

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | |
|:---|:---|
| **Title of each class** | **Name of each exchange on which registered** |
| Common Stock, par value $0.0001 per share NNE | The Nasdaq Stock Market LLC |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

**Item 2.01 Completion of Acquisition or Disposition of Assets.**

**Item 8.01 Other Information**

Reference is made to two Current Reports on Form 8-K filed by Nano Nuclear Energy Inc., a Nevada corporation (the "**Company**"), on January 14, 2025 and August 20, 2025 (the "**Prior 8-Ks**"). The Prior 8-Ks describe the Company's efforts and related transactions associated with its acquisition from the Sellers (as defined below) of the Company's KRONOS MMR<sup>TM</sup> Energy System and LOKI MMR<sup>TM</sup> reactor and related assets, including a license application (the "**Chalk River License Application**") with the Canadian Nuclear Safety Commission ("**CNSC**") associated with a KRONOS MMR<sup>TM</sup> reactor demonstration project at Chalk River Laboratories located in Ontario, Canada (the "**Chalk River Project**"). Readers are advised to review the Prior 8-Ks for background information on the matters addressed in this Current Report.

As previously disclosed in the Prior 8-Ks, on December 18, 2024, Ultra Safe Nuclear Corporation, a Delaware corporation, Ultra Safe Nuclear Corporation – Technologies, a Washington corporation, USNC Holdings, LLC, a Washington limited liability company, Global First Power Limited, a Canadian corporation ("**GFPL**"), and USNC-Power, Ltd., a British Columbia corporation (collectively, "**Sellers**"), entered into an Asset Purchase Agreement with the Company, pursuant to which the Company agreed to acquire certain assets of Sellers relating to the Company's KRONOS MMR<sup>TM</sup> Energy System and its LOKI MMR<sup>TM</sup> reactor (the "**USNC Assets**") for a total purchase price of $8,500,000 in cash (the "**Purchase Price**"). The USNC Assets included certain Canadian contracts, intellectual property rights, certain demonstration projects and entity equity interests (the "**Canadian Assets**"); however, the assignment of certain Canadian Assets (notably, the Chalk River License Application) (the "**Consent Assets**"), required the prior consent of Canadian government agencies (the "**Canadian Consents**"). Therefore, due to the necessity of obtaining the Canadian Consents and certain due diligence concerns regarding the potential for assuming unknown liabilities associated with the Consent Assets, the Company (i) did not formally acquire the Consent Assets, (ii) assigned the right to acquire the Consent Assets to certain entities (the "**Yu Entities**") owned by the Company's Chairman and President, Jay Jiang Yu, and (iii) entered into an option agreement with the Yu Entities (the "**Yu Option Agreement**") to acquire the Consent Assets from the Yu Entities (should such entities acquire the Consent Assets following receipt of the Canadian Consents) for nominal consideration as described in the Prior 8-Ks. The closing of the acquisition of the USNC Assets, including the Canadian Assets which were not Consent Assets (consisting of Canadian intellectual property rights) (the "**USNC Closing**"), and the Company's entry into the Yu Option Agreement, occurred on January 10, 2025. At the USNC Closing, the Sellers and the Company established an escrow for a portion of the Purchase Price in the amount of $250,000 which, at the sole election of the Company at any time after 90 days of the USNSC Closing, would be returned to the Company if all of the Canadian Consents were not obtained within 90 days of the USNC Closing. It was agreed that if such escrow amount was returned to the Company, the Company would forfeit all rights to the Consent Assets.

Also, as previously disclosed in the Prior 8-Ks, following its acquisition of the USNC Assets, the Company ascertained through due diligence and discussions with CNSC that to best proceed with the Chalk River Project and maintain the validity of the Chalk River License Application, the Company would need to acquire GFPL itself. Accordingly, on August 14, 2025, The RPWI Liquidating Trust, a Delaware liquidating trust (the "**Liquidating Trust**") created pursuant to the Sellers' plan of liquidation in bankruptcy (the "**Plan**") confirmed by pursuant to a court order (the "**Confirmation Order**") issued by the Bankruptcy Court overseeing Sellers' bankruptcy (the "**Bankruptcy Court**"), GFPL, the Company and Kronos MMR Inc., a Nevada corporation and a wholly owned subsidiary of the Company ("**KRONOS MMR**"), entered into a Purchase Agreement (the "**GFPL Purchase Agreement**") pursuant to which KRONOS MMR agreed to purchase all of the equity interests of GFPL and any other assets of GFPL that are specified in the GFPL Purchase Agreement (including the rights to the Chalk River License Application), free and clear of all liens, claims, encumbrances and other interests.

In consideration of such acquisition, KRONOS MMR assumed an amount equal to $641,206.61, which was the current liability owed by GFPL to the CNSC for pre-petition bankruptcy claims (the "**CSNC Liability**"), plus any other amounts payable to CNSC for the Chalk River License Application which first arise and relate to, or become due and payable in the ordinary course after the closing of such acquisition (together, with the CSNC Liability, the "**Assumed Liabilities**"). In addition, KRONOS MMR agreed to a $15,000 expense reimbursement allowance payable to the trustee of the Liquidating Trust (the "**Expense Reimbursement**"). Other than the Assumed Liabilities, neither the Company nor GFPL will have any responsibility or liability for any liabilities of GFPL or the Liquidating Trust and/or their affiliates, including any pre-petition liabilities of GFPL in accordance with the Plan and Confirmation Order, and other than the Assumed Liabilities and the Expense Reimbursement, no other cash or other consideration is required to be paid by KRONOS MMR or the Company in connection with the transactions contemplated by the GFPL Purchase Agreement (such transactions the "**GFPL Transaction**"). The GFPL Agreement and the GFPL Transaction were approved by the Bankruptcy Court on September 2, 2025.

On October 16, 2025, the closing of the GFPL Transaction occurred. At such closing, the Company funded the Expense Reimbursement using cash on hand and assumed the CSNC Liability, which the Company intends to pay in full using cash on hand in the near future. As a result, neither the Yu Entities nor the Company formally acquired the Consent Assets, and given the Company's subsequent due diligence and discussions with CNSC following its acquisition of the USNC Assets, the Company has determined that (i) its acquisition of GFPL provides the Company with all of the rights and assets required from USNC to progress the Chalk River Project, (ii) the Consent Assets subject to the Yu Option Agreement are immaterial to the Company's plans and need not be acquired, with the result that the Company expects to terminate the Yu Option Agreement and (iii) given that the Canadian Consents were not obtained on a timely basis, the Company intends to seek a return of the $250,000 escrow amount and forfeit its rights to the Consent Assets as described above.

The KRONOS MMR<sup>TM</sup> Energy System is the Company's lead microreactor development project. Enabled by the Company's acquisition of the Chalk River License Application as described above, the Company is now concurrently advancing KRONOS MMR<sup>TM</sup> construction, demonstration and regulatory activities in both the U.S. and Canada through the Chalk River Project and through the Company's collaboration with the University of Illinois Urbana-Champaign. The Company believes this dual track approach could facilitate regulatory licensing activities in both the U.S. and Canada. The Company's goal is to be the first company in the U.S. and Canada to build and gain regulatory approval for a full scale modular microreactor, with the ultimate goal of deploying and operating KRONOS MMR<sup>TM</sup> reactors across North America and, in time, globally.

On October 22, 2025, the Company issued a press release regarding the closing of the GFPL Transaction. Such press release is filed as Exhibit 99.1 hereto and is incorporated herein by reference.

**Item 9.01 Financial Statements and Exhibits.**

(d) Exhibits.

---

| | |
|:---|:---|
| **Exhibit No.** | **Exhibit** |
| 99.1 | [Press release of the Company, dated October 22, 2025, regarding the Company's acquisition of GFPL.](ex99-1.htm) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |

---

**SIGNATURE**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | |
|:---|:---|:---|
| Dated: October 22, 2025 | **NANO Nuclear Energy Inc.** | **NANO Nuclear Energy Inc.** |
|  | By: | */s/ Jaisun Garcha* |
|  | Name: | Jaisun Garcha |
|  | Title: | Chief Financial Officer |

---

## Exhibit 99.1

**Exhibit 99.1**

![](ex99-1_001.jpg)

**NANO Nuclear Finalizes Acquisition of Global First Power from USNC, Strengthening its Position as a North American Leader in Nuclear Microreactor Development**

 ****

***Acquisition provides NANO Nuclear with Canadian licensing application for KRONOS MMR™ demonstration project in Ontario and positions the company as a leading North American microreactor developer, with concurrent construction and licensing programs in the U.S. and Canada***

**New York, N.Y., October 22, 2025 — NANO Nuclear Energy Inc. (NASDAQ: NNE) ("NANO Nuclear" or "the Company")**, a leading advanced nuclear energy and technology company focused on developing clean energy solutions, today announced the closing of its previously announced acquisition of Global First Power Limited (GFPL) from affiliates of Ultra Safe Nuclear Corporation (USNC).

With this strategic acquisition, NANO Nuclear now directly owns the regulatory licensing application with the Canadian Nuclear Safety Commission (CNSC) to construct a **KRONOS MMR™ Energy System** demonstration project at Chalk River Laboratories in Ontario, Canada. The acquisition will allow NANO Nuclear to continue its advance towards submission of the License to Prepare Site (LTPS) step of the CNSC's licensing process.

![](ex99-1_002.jpg)

*Figure 1 - NANO Nuclear Energy Finalizes Acquisition of Global First Power (Canada), Strengthening its Position as a North American Leader in Nuclear Microreactor Development*

The acquisition follows NANO Nuclear's January 2025 acquisition from USNC of intellectual property and other rights in the U.S. and Canada related to the KRONOS MMR™ microreactor and NANO Nuclear's portable **LOKI MMR™** microreactor.

The acquisition of GFPL represents an important step forward in NANO Nuclear's efforts to construct, demonstrate, gain regulatory approval for and ultimately commercialize its KRONOS MMR™ Micro Modular Reactor Energy System and establish a North American footprint spanning both the United States and Canada. GFPL's previous completion of the several key pre-licensing steps in Canada, including successful completion of the Vendor Design Review and early submission of the first part of the LTPS, means NANO Nuclear will continue this project from a strong foundation, enabling it to benefit from several years of regulatory engagement and progresses by GFPL and allowing it to move directly into the LTPS phase.

"The acquisition of Global First Power marks another key defining moment for NANO Nuclear," **said Jay Yu, Founder and Chairman of NANO Nuclear.** "This move unifies our North American development strategy and allows us to rapidly advance both licensing and construction, making us one of the very few companies positioned to deploy advanced microreactors in both the U.S. and Canada. Following this acquisition, we are no longer theorizing about North American nuclear collaboration, we are building it."

With this advancement, NANO Nuclear is now positioned to move expeditiously toward licensing, construction, and deployment of its KRONOS MMR™ microreactor technology within Canada's supportive nuclear innovation framework. Importantly, NANO Nuclear believes that it has now acquired from USNC all remaining contractual, intellectual property, or regulatory applications in Canada that are necessary to progress the KRONOS MMR™ in Canada.

In parallel with its Canadian licensing progress, NANO Nuclear has initiated drilling and site preparation activities at its University of Illinois Urbana-Champaign (UIUC) project site in the United States. A milestone ceremony, scheduled for October 24, will highlight site characterization and drilling work being carried out by global infrastructure leader AECOM. NANO Nuclear intends to run its KRONOS MMR™ commercial licensing and constructions programs in the U.S. and Canada concurrently, demonstrating the Company's capability to advance dual-path deployment strategies across North America.

By synchronizing these programs, NANO Nuclear is establishing itself as a true North American leader in microreactor technology, capable of serving diverse markets and jurisdictions with safe, scalable, and transportable nuclear power. This milestone also enhances NANO Nuclear's portfolio of projects, which includes its three microreactors in development and supporting technologies, all aimed at expanding access to clean, reliable, and decentralized power for defense, industrial, and remote community applications.

"This acquisition represents a critical advancement toward our goal of establishing a leadership position in North American microreactor development," **said Florent Heidet, Ph.D., Chief Technology Officer and Head of Reactor Development of NANO Nuclear.** "With being able to resume the licensing efforts in Canada where GFPL left off, we can remain focused on advancing the KRONOS MMR™ technology through the next stages of design and regulatory readiness. Streamlining this process significantly reduces both financial and scheduling burdens associated with licensing, allowing us to allocate capital and technical expertise more strategically to accelerate development and deployment."

The principal consideration paid by NANO Nuclear for the GFPL acquisition was NANO Nuclear's assumption of an approximately $640,000 liability owned by GFPL to the CNSC, which NANO Nuclear expects to pay in the near future. Additional details and background information regarding the GFPL acquisition will be provided by NANO Nuclear in a Form 8-K to be filed with the U.S. Securities and Exchange Commission.

**About NANO Nuclear Energy Inc.**

**NANO Nuclear Energy Inc. (NASDAQ: NNE)** is an advanced technology-driven nuclear energy company seeking to become a commercially focused, diversified, and vertically integrated company across five business lines: (i) cutting edge portable and other microreactor technologies, (ii) nuclear fuel fabrication, (iii) nuclear fuel transportation, (iv) nuclear applications for space and (v) nuclear industry consulting services. NANO Nuclear believes it is the first portable nuclear microreactor company to be listed publicly in the U.S.

Led by a world-class nuclear engineering team, NANO Nuclear's reactor products in development include its lead project, the patented **KRONOS MMR**<sup>™</sup> **Energy System**, a stationary high-temperature gas-cooled reactor that is in construction permit pre-application engagement with the U.S. Nuclear Regulatory Commission (NRC) in collaboration with University of Illinois Urbana-Champaign (UIUC), **ZEUS™**, a solid core battery reactor, and the space focused, portable **LOKI MMR**<sup>™</sup>, each representing advanced developments in clean energy solutions that are modular, on-demand capable, advanced nuclear microreactors.

**Advanced Fuel Transportation Inc. (AFT)**, a NANO Nuclear subsidiary, is led by former executives from the largest transportation company in the world aiming to build a North American transportation company that will provide commercial quantities of HALEU fuel to small modular reactors, microreactor companies, national laboratories, military, and DOE programs. Through NANO Nuclear, AFT is the exclusive licensee of a patented high-capacity HALEU fuel transportation basket developed by three major U.S. national nuclear laboratories and funded by the Department of Energy. Assuming development and commercialization, AFT is expected to form part of the only vertically integrated nuclear fuel business of its kind in North America.

**HALEU Energy Fuel Inc. (HEF)**, a NANO Nuclear subsidiary, is focusing on the future development of a domestic source for a High-Assay, Low-Enriched Uranium (HALEU) fuel fabrication pipeline for NANO Nuclear's own microreactors as well as the broader advanced nuclear reactor industry.

**NANO Nuclear Space Inc. (NNS)**, a NANO Nuclear subsidiary, is exploring the potential commercial applications of NANO Nuclear's developing micronuclear reactor technology in space. NNS is focusing on applications such as the **LOKI MMR**<sup>™</sup> system and other power systems for extraterrestrial projects and human sustaining environments, and potentially propulsion technology for long haul space missions. NNS' initial focus will be on cis-lunar applications, referring to uses in the space region extending from Earth to the area surrounding the Moon's surface.

For more corporate information please visit: <u>https://NanoNuclearEnergy.com/</u>

**For further NANO Nuclear information, please contact:**

Email: <u>IR@NANONuclearEnergy.com</u>

Business Tel: (212) 634-9206

PLEASE FOLLOW OUR SOCIAL MEDIA PAGES HERE:

NANO Nuclear Energy <u>LINKEDIN</u>

NANO Nuclear Energy <u>YOUTUBE</u>

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**Cautionary Note Regarding Forward Looking Statements**

This news release and statements of NANO Nuclear's management in connection with this news release contain or may contain "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements related to future events, which may impact our expected future business and financial performance, and often contain words such as "expects", "anticipates", "intends", "plans", "believes", "potential", "will", "should", "could", "would" or "may" and other words of similar meaning. In this press release, forward-looking statements include, without limitation, those related to the anticipated benefits to NANO Nuclear of its acquisition of GFPL and NANO Nuclear's microreactor construction, demonstration, licensing and commercialization plans and strategies generally. These and other forward-looking statements are based on information available to us as of the date of this news release and represent management's current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve significant known and unknown risks, uncertainties and other factors, which may be beyond our control. For NANO Nuclear, particular risks and uncertainties that could cause our actual future results to differ materially from those expressed in our forward-looking statements include but are not limited to the following: (i) risks related to our U.S. Department of Energy ("DOE") or related state or non-U.S. (including Canadian) nuclear licensing submissions, (ii) risks related the development of new or advanced technology and the acquisition of complementary technology or businesses, including difficulties with design and testing, cost overruns, regulatory delays, integration issues and the development of competitive technology, (iii) our ability to obtain contracts and funding to be able to continue operations, (iv) risks related to uncertainty regarding our ability to technologically develop and commercially deploy a competitive advanced nuclear reactor or other technology in the timelines we anticipate, if ever, (v) risks related to the impact of U.S. and non-U.S. government regulation, policies and licensing requirements, including by the DOE and the U.S. Nuclear Regulatory Commission, including those associated with the recently enacted ADVANCE Act and the May 23, 2025 Executive Orders seeking to streamline nuclear regulation, and (vi) similar risks and uncertainties associated with the operating an early stage business a highly regulated and rapidly evolving industry. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement, and NANO Nuclear therefore encourages investors to review other factors that may affect future results in its filings with the SEC, which are available for review at <u>www.sec.gov</u> and at <u>https://ir.nanonuclearenergy.com/financial-information/sec-filings</u>. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.