Following the Divestiture of Loss-Making Operations, Token Cat Limited Authorizes Its U.S. Subsidiary to Evaluate a Potential $ 500 Million Fundraising Plan for Nuclear Fission Research and M&A to Address the Growing Clean Energy Demand of AI Computing
Token Cat (Nasdaq: TC) announced on November 14, 2025 that after divesting long-term unprofitable operations and completing organizational restructuring, its U.S. subsidiary has been authorized to evaluate a potential fundraising plan of up to $500 million.
The funds would support research into applying nuclear fission as a stable power source for energy-intensive AI and high-performance computing, and to assess M&A and collaboration opportunities with research institutions, energy engineering firms, and AI infrastructure companies.
The company framed the effort as early-stage, exploratory and subject to risks and uncertainties described in its SEC filings.
Token Cat (Nasdaq: TC) ha annunciato il 14 novembre 2025 che, dopo la cessione delle operazioni poco redditizie a lungo termine e il completamento della ristrutturazione organizzativa, la sua filiale statunitense è stata autorizzata a valutare un possibile piano di raccolta fondi fino a 500 milioni di dollari.
I fondi servirebbero a supportare ricerche sull'applicazione della fissione nucleare come fonte di energia stabile per l'IA ad alto consumo energetico e per l'informatica ad alte prestazioni, nonché per valutare opportunità di fusioni e acquisizioni e collaborazioni con istituzioni di ricerca, aziende di ingegneria energetica e compagnie specializzate in infrastrutture IA.
L'azienda ha presentato l'impegno come iniziale, esplorativo e soggetto a rischi e incertezze descritti nei suoi documenti SEC.
Token Cat (Nasdaq: TC) anunció el 14 de noviembre de 2025 que, tras desinvertir operaciones poco rentables a largo plazo y completar la reestructuración organizativa, su filial estadounidense ha sido autorizada para evaluar un posible plan de financiación de hasta 500 millones de dólares.
Los fondos apoyarían la investigación para aplicar la fisión nuclear como fuente de energía estable para la IA de alto consumo energético y la informática de alto rendimiento, y para evaluar oportunidades de fusiones y adquisiciones y de colaboración con instituciones de investigación, empresas de ingeniería energética y compañías de infraestructura de IA.
La compañía enmarcó el esfuerzo como una etapa temprana, exploratoria y sujeta a riesgos e incertidumbres descritos en sus presentaciones ante la SEC.
Token Cat (나스닥: TC)는 2025년 11월 14일에, 장기적 비수익 운영의 매각과 조직 재편성 완료 후, 미국 자회사가 최대 5억 달러까지의 자금조달 계획을 평가하도록 승인받았다고 발표했다.
이 자금은 핵분열을 에너지 강도 높은 AI 및 고성능 컴퓨팅을 위한 안정적인 전력원으로 적용하는 연구를 지원하고, 연구기관, 에너지 엔지니어링 기업 및 AI 인프라 기업과의 인수합병(M&A) 및 협력 기회를 평가하는 데 사용될 예정이다.
회사는 이 노력을 초기 단계의 탐색적이며 SEC 공시에 기술된 위험과 불확실성에 따라 진행된다고 설명했다.
Token Cat (Nasdaq : TC) a annoncé le 14 novembre 2025 qu'après la cession d'opérations non rentables à long terme et la restructuration organisationnelle, sa filiale américaine a été autorisée à évaluer un potentiel plan de levée de fonds jusqu'à 500 millions de dollars.
Les fonds serviraient à soutenir la recherche visant à appliquer la fission nucléaire comme source d'énergie stable pour l'IA gourmande en énergie et l'informatique haute performance, et à évaluer les opportunités de fusions et acquisitions et de collaboration avec des institutions de recherche, des cabinets d'ingénierie énergétique et des entreprises d'infrastructure IA.
L'entreprise a présenté cet effort comme une étape précoce, exploratoire et soumis à des risques et incertitudes décrits dans ses dépôts auprès de la SEC.
Token Cat (Nasdaq: TC) gab am 14. November 2025 bekannt, dass nach dem Verkauf langfristig unrentabler Betriebe und der Durchführung einer organisatorischen Umstrukturierung die US-Tochtergesellschaft befugt wurde, einen potenziellen Fundraising-Plan von bis zu 500 Millionen Dollar zu prüfen.
Die Mittel würden die Forschung zur Anwendung der Kernspaltung als stabile Energiequelle für energieintensive KI und Hochleistungsrechnen unterstützen und Chancen für Fusionen und Übernahmen sowie Kooperationen mit Forschungseinrichtungen, Energieingenieurunternehmen und KI-Infrastrukturunternehmen bewerten.
Das Unternehmen schilderte den Aufwand als frühphasig, erkundend und als Risiken und Unsicherheiten unterliegend, wie sie in seinen SEC-Unterlagen beschrieben sind.
Token Cat (Nasdaq: TC) أعلنت في 14 نوفمبر 2025 أنه بعد التخلص من عمليات غير مربحة طويلة الأجل وإتمام إعادة الهيكلة التنظيمية، أصبح من المسموح للشركة الفرعية الأمريكية تقييم خطة تمويل محتملة تصل إلى 500 مليون دولار.
ستدعم الأموال البحث في تطبيق الانشطار النووي كمصدر طاقة مستقر للذكاء الاصطناعي عالي الاستهلاك للطاقة والحوسبة عالية الأداء، ولتقييم فرص الاندماج والاستحواذ والتعاون مع مؤسسات البحث، وشركات هندسة الطاقة، وشركات بنية تحتية للذكاء الاصطناعي.
وصفّت الشركة الجهد بأنه في مرحلته المبكرة، استكشافية وخاضعة للمخاطر وعدم اليقين الواردين في ملفاتها لدى لجنة الأوراق المالية والسلع الأمريكية (SEC).
- Authorized evaluation of up to $500 million fundraising
- Completed divestiture of long-term unprofitable operations
- U.S. subsidiary tasked with advanced fission research collaborations
- Fundraising up to $500 million could cause equity dilution
- Initiative is early-stage with uncertain feasibility and risks
Insights
Token Cat authorizes up to
The company, Token Cat Limited, after divesting loss‑making operations and reorganizing, has authorized its U.S. subsidiary to evaluate a fundraising plan up to
Key dependencies and risks include successful capital access, feasibility outcomes from the planned research, and constructive partnerships with research institutions, engineering firms, and AI infrastructure companies. The announcement contains forward‑looking language and no firm commitments to specific projects, so outcomes remain uncertain until the subsidiary completes its evaluation and secures funding.
Watch for concrete milestones over the next 6–18 months: authorization of actual fundraising, terms or amounts raised, announced research partnerships, and any disclosed M&A targets or feasibility study results. These items will convert the plan into measurable corporate progress and clarify financial and operational implications for the company.
The Company's management noted that surging demand for AI and high-performance computing is creating unprecedented pressure on energy supply, stability, efficiency, and long-term costs. In this context, the Company views nuclear fission as a high-potential frontier and will study its trends, commercialization, and strategic fit through its
As part of this strategic initiative, the Company's
Guangsheng Liu, Chief Executive Officer of Token Cat Limited, commented:
"AI's growing energy demands are reshaping the global tech landscape. We see next-generation energy solutions as a key factor in future computing competitiveness. Through the
Safe Harbor Statement
This announcement includes forward-looking statements under Section 21E of the Exchange Act and the
SOURCE Token Cat Limited