Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.
The document attached as exhibit
99.1 to this Form 6-K is hereby incorporated by reference into the registrant’s Registration Statements on (1) Form F-3 initially
filed with the U.S. Securities and Exchange Commission (the “Commission”) on August 14, 2023 (Registration No. 333-273968),
(2) Form F-3, as amended,
initially filed with the Commission on July 9, 2025 (Registration No. 333-288573), (3) Form
F-3, as amended, initially filed with the Commission on August 4, 2025 (Registration No. 333-289211), and (4) post-effective amendment No. 3 to Form F-1 on Form F-3, as amended, filed with the Commission on September 29, 2025 (Registration No. 333-278977),
and shall be a part thereof from the date on which this current report is furnished, to the extent not superseded by documents or reports
subsequently filed or furnished.
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, thereunto duly
authorized.
Exhibit 99.1
Nano Labs (NA) and ALT5 Sigma Corporation (ALTS)
Announce Memorandum of Understanding to Jointly Explore Establishing North America AI data centers, Agent Cloud and AI Infrastructure
HONG KONG, April 24, 2026 (GLOBE NEWSWIRE) --
Nano Labs Ltd (Nasdaq: NA) (“we,” the “Company” or “Nano Labs”), a leading Web 3.0 infrastructure
and product solution provider, and crypto treasury company, today announced the execution of a structured, non-binding Memorandum of Understanding
(the “MOU”) with ALT5 Sigma Corporation (Nasdaq: ALTS) (“ALT5”, collectively with Nano Labs, the “Parties”),
to evaluate collaboration across AI data centers, Agent Cloud, and AI-native payments, supported by defined workstreams and joint leadership.
ALT5, which is in the process of changing its
name to AI Financial Corporation and its Nasdaq ticker symbol to AIFC (“AiFi”), is an AI-powered fintech company operating
institutional-grade global payments, trading, and settlement infrastructure.
The MOU establishes a defined evaluation process
under which the Parties will assess potential collaboration across three primary areas: AI data centers, Agent Cloud, and AI-native payments.
The evaluation will be conducted through a joint working group, a 90-day evaluation period, and a set of preliminary but defined workstreams
intended to guide technical diligence, integration planning, and commercial exploration.
The Parties believe that recent advances in artificial
intelligence, distributed computing, and digital financial infrastructure are accelerating the development of systems in which software
agents operate autonomously across cloud environments and digital ecosystems. As these systems evolve, there is an increasing need for
integrated infrastructure spanning compute resources, coordination layers, and financial settlement capabilities. The evaluation contemplated
by the MOU is intended to assess how the Parties’ respective capabilities may align to address these emerging requirements.
These workstreams, as outlined in the MOU, span
multiple layers of infrastructure and application, including compute systems, cloud orchestration, financial rails, tokenization frameworks,
and related ecosystem components, and are designed to evaluate how the Parties’ respective capabilities may be integrated to support
emerging AI-driven systems.
AI Data Centers
The Parties intend to explore the potential establishment of AI data center infrastructure in North America, including evaluation
of compute infrastructure requirements for agentic AI workloads, deployment architecture, security considerations, and cost structure
and commercialization pathways.
Agent Cloud
The Parties intend to explore the potential development of a cloud-based platform for AI agents, including evaluation of orchestration
and runtime environments, identity and permissions architecture, integration across devices and applications, and interoperability requirements.
AI-Native Payments
The Parties intend to explore the
integration of AI-native payment capabilities, extending ALT5’s existing global payments, trading, and settlement infrastructure
to support machine-driven transactions, including AI-to-AI and AI-to-human payment flows, payment processing and settlement integration,
and compliance and identity considerations.
In addition, the MOU contemplates evaluation of
broader ecosystem components, including tokenization frameworks, infrastructure monetization models, and security considerations across
AI and compute environments, which may be refined or reprioritized during the evaluation period based on technical findings and commercial
considerations.
The collaboration is structured around a clear
alignment of capabilities, with ALT5 contributing its expertise in global payments, trading, and financial infrastructure, and Nano Labs
contributing its expertise in high-performance computing, chip design, and data center systems.
To support this process, the Parties have established
a joint working group led by senior representatives from both organizations, responsible for coordinating evaluation activities, defining
scope, and monitoring progress across the identified collaboration areas.
The Parties intend to conduct joint technical
and commercial diligence throughout the evaluation period, including assessment of technical feasibility, integration pathways, and potential
commercial applications. The objective of this evaluation is to determine whether one or more collaboration areas can support the development
of technically feasible and commercially viable solutions.
Any decision to proceed toward definitive agreements
will be based on the Parties’ mutual determination, following the evaluation process, that sufficient technical feasibility and
commercial applicability have been demonstrated.
The MOU is non-binding, and any future collaboration
remains subject to further negotiation and the execution of definitive agreements.
About Nano Labs Ltd
Nano Labs Ltd is a leading Web 3.0 infrastructure
and product solution provider, and crypto treasury company. 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 cryptocurrency, BNB, and established
an integrated platform covering multiple business verticals, including HTC solutions, HPC solutions and iPollo Claw*. 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 report contains forward-looking statements
within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation
Reform Act of 1995. These forward-looking statements include, without limitation, the Company’s plan to appeal the Staff’s
determination, which can be identified by terminology such as “may,” “will,” “expect,” “anticipate,”
“aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,”
“is/are likely to” or other similar expressions. Such statements are based upon management’s current expectations and
current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties and other factors, all
of which are difficult to predict and many of which are beyond the Company’s control, which may cause the Company’s actual
results, performance or achievements to differ materially from those in the forward-looking statements. Further information regarding
these and other risks, uncertainties or factors is included in the Company’s filings with the Securities and Exchange Commission.
The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or
otherwise, except as required under law.
For investor and media inquiries, please contact:
Nano Labs Ltd
Email: ir@nano.cn
Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email: investors@ascent-ir.com