Nano Labs Ltd Announces up to US$25.0 Million Share Repurchase Program
Nano Labs (Nasdaq: NA) announced that its board authorized a share repurchase program of up to US$25.0 million, to be executed within the next 12 months subject to market conditions.
Repurchases may occur via open-market transactions, privately negotiated trades or block trades, with timing and volume dependent on price, trading volume, market conditions, and the company’s working capital needs. The program may be adjusted by the board and is planned to be funded from the company’s existing cash balance and proceeds from liquidation of crypto assets.
Nano Labs (Nasdaq: NA) ha annunciato che il suo consiglio di amministrazione ha autorizzato un programma di riacquisto azioni fino a 25,0 milioni di dollari, da eseguire nei prossimi 12 mesi, soggetto alle condizioni di mercato.
I riacquisti potranno avvenire tramite operazioni sul mercato aperto, trattative private o blocchi di ordini, con tempistiche e volumi dipendenti dal prezzo, dal volume di scambio, dalle condizioni di mercato e dalle esigenze di capitale circolante dell'azienda. Il programma potrebbe essere adeguato dal consiglio ed è previsto che sia finanziato dal saldo di cassa esistente e dai proventi dalla liquidazione di asset crypto.
Nano Labs (Nasdaq: NA) informó que su junta directiva autorizó un programa de recompra de acciones de hasta 25,0 millones de dólares, que se llevará a cabo en los próximos 12 meses, sujeto a condiciones de mercado.
Las recompras pueden realizarse mediante transacciones en el mercado abierto, operaciones negociadas de forma privada o operaciones por bloques, con timing y volumen dependientes del precio, del volumen de operaciones, de las condiciones de mercado y de las necesidades de capital de la empresa. El programa puede ser ajustado por la junta y se planea financiar con el saldo de efectivo existente y con los ingresos por liquidación de activos criptográficos.
Nano Labs (나스닥: NA) 이사회가 최대 미화 2,500만 달러의 자사주 매입 프로그램을 승인했으며, 향후 12개월 내에 시장 상황에 따라 실행될 예정입니다.
매수는 공개 시장 거래, 사적 협상 거래 또는 블록 트레이드를 통해 이루어질 수 있으며, 시기와 규모는 가격, 거래량, 시장 상황 및 회사의 운용 자본 필요에 따라 달라질 수 있습니다. 이 프로그램은 이사회에 의해 조정될 수 있으며, 기존 현금 잔고와 암호자산 매각 수익으로 재원을 조달할 계획입니다.
Nano Labs (Nasdaq : NA) a annoncé que son conseil d'administration a autorisé un programme de rachat d'actions allant jusqu'à 25,0 millions de dollars américains, à réaliser au cours des 12 prochains mois, sous réserve des conditions du marché.
Les rachats peuvent avoir lieu via des transactions sur le marché libre, des opérations négociées de gré à gré ou des transactions de bloc, avec le calendrier et le volume dépendants du prix, du volume des échanges, des conditions du marché et des besoins en fonds de roulement de l'entreprise. Le programme peut être ajusté par le conseil et il est prévu d'en financer le solde de trésorerie existant et les produits de la liquidation des actifs cryptographiques.
Nano Labs (Nasdaq: NA) hat angekündigt, dass sein Vorstand ein Programm zum Aktienrückkauf in Höhe von bis zu 25,0 Mio. USD genehmigt hat, das innerhalb der nächsten 12 Monate umgesetzt werden soll, vorbehaltlich der Marktbedingungen.
Rückkäufe können über Öffentliche Markttransaktionen, privat ausgehandelte Trades oder Block Trades erfolgen, wobei Timing und Volumen vom Preis, Handelsvolumen, Marktbedingungen und dem Arbeitskapitalbedarf des Unternehmens abhängen. Das Programm kann vom Vorstand angepasst werden und soll aus dem bestehenden Barbestand und Erträgen aus der Veräußerung von Krypto-Vermögenswerten finanziert werden.
Nano Labs (المُدرجة في ناسداك: NA) أعلنت أن مجلس إدارتها قد وافق على برنامج إعادة شراء أسهم يصل إلى 25.0 مليون دولار أمريكي، وسيتم تنفيذه خلال 12 شهراً المقبلة وفقاً لظروف السوق.
قد تتم عمليات الشراء من خلال صفقات في السوق المفتوح، أو صفقات تفاوض خاصة، أو صفقات كتلة، مع الاعتماد على السعر وحجم التداول وظروف السوق واحتياجات الشركة من رأس المال العامل. قد يعدل المجلس البرنامج ويمكن تمويله من رصيد النقد الحالي وعوائد تصفية أصول تشفيرية.
Nano Labs（纳斯达克：NA）宣布，其董事会已授权最高至2500万美元的股票回购计划，将在未来12个月内在市场条件允许的情况下执行。
回购可能通过公开市场交易、私下谈判交易或大宗交易进行，时机和数量取决于价格、成交量、市场状况以及公司的营运资金需求。该计划可由董事会进行调整，拟以公司的现有现金余额和加密资产处置所得来融资。
- Board-authorized repurchase program of US$25.0 million
- Repurchases may occur over a 12-month period
- Program allows open-market, negotiated, or block trades
- Planned funding from existing cash and crypto asset proceeds
- Funding repurchases may reduce the company’s cash balance
- Repurchases dependent on liquidation of crypto assets, adding execution risk
HONG KONG, Oct. 15, 2025 (GLOBE NEWSWIRE) -- Nano Labs Ltd (Nasdaq: NA) (“we,” the “Company” or “Nano Labs”), a leading Web 3.0 infrastructure and product solution provider, announced that its board of directors has authorized a share repurchase program under which the Company may repurchase up to US
Under the share repurchase program, the Company may periodically repurchase its ordinary shares through open market transactions, privately negotiated transactions, block trades or any combination thereof in compliance with applicable securities laws and the Company’s insider trading policy. The number of ordinary shares to be repurchased and the timing of repurchases will depend on a number of factors, including, but not limited to, price, trading volume and general market conditions, along with the Company’s working capital requirements and general business conditions. The Company’s board of directors will review the share repurchase program periodically, and may authorize adjustments to its terms and/or size. The Company plans to fund the repurchases from its existing cash balance and proceeds from liquidation of crypto assets.
About Nano Labs Ltd
Nano Labs Ltd is a leading Web 3.0 infrastructure and product solution provider. Nano Labs is committed to the development of high throughput computing (“HTC”) chips and high-performance computing (“HPC”) chips. Nano Labs has built a comprehensive flow processing unit (“FPU”) architecture which offers solution that integrates the features of both HTC and HPC. In addition, Nano Labs has actively positioned itself in the crypto assets space, adopting BNB as its primary reserve asset. It has reserved in mainstream cryptocurrencies including BNB and BTC, and established an integrated platform covering multiple business verticals, including HTC solutions and HPC solutions*. For more information, please visit the Company’s website at: ir.nano.cn.
*According to an industry report prepared by Frost & Sullivan.
Forward-Looking Statements
This press release contains statements that constitute forward-looking statements. Many of the forward-looking statements contained in this press release can be identified by the use of forward-looking words such as “anticipate,” “believe,” “could,” “expect,” “should,” “plan,” “intend,” “may,” “predict,” “continue,” “estimate” and “potential,” or the negative of these terms or other similar expressions. Forward-looking statements appear in a number of places in this press release and in our public filings with the SEC and include, but are not limited to, statements regarding (i) that we will sell shares of Class A Ordinary Shares, if any, in the Offering and the price at which any such Shares will be sold, (ii) that investors who buy Shares at different times in the Offering will likely pay different prices, (iii) the proposed use of proceeds, if any, from the Offering, and (iv) the Company’s ability to successfully execute its BNB and crypto asset strategic plan, including, but not limited to the market liquidity constraints and price volatility that may increase costs of the strategic plan, such as acquisition costs. You should carefully consider the risks and uncertainties described in the “Risk Factors” section of the Company’s Annual Report on Form 20-F for the fiscal year ended December 31, 2024, which was filed by the Company with the SEC on April 11, 2025 and other documents filed by the Company from time to time with the SEC, including the Company’s Reports of Foreign Private Issuer on Form 6-K and other documents filed with the SEC. The Company does not undertake or accept any obligation to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based.
Investor Contact:
Nano Labs Ltd
Email: ir@nano.cn
Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email: investors@ascent-ir.com
FAQ
How large is Nano Labs' share repurchase program announced on October 15, 2025 (NA)?
How will Nano Labs (NA) execute share repurchases under the program?
What will Nano Labs (NA) use to fund the US$25.0 million buyback announced October 15, 2025?
Will the timing and amount of Nano Labs' (NA) repurchases be fixed under the October 15, 2025 program?
Can Nano Labs (NA) change the terms or size of the US$25.0 million repurchase program?
