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Nano Nuclear 10% holder plans $8.7M stock sale

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Nano Nuclear Energy Inc. (NNE) received a Rule 144 notice from 10% stockholder I Financial Ventures Group LLC indicating an intention to sell up to 474,500 common shares of NNE through Morgan Stanley Smith Barney LLC. The notice cites an approximate aggregate market value of $8,678,605.00 for these shares and states that 53,698,146 common shares were outstanding as of the approximate sale date of September 1, 2026.

The seller acquired these 474,500 shares in an open market purchase on March 14, 2022 for cash. In the prior three months, disclosures list 10b5-1 sales of 700,000 shares for $18,674,110.00 by I Financial Ventures Group LLC and 45,900 shares for $1,222,854.03 by Jiang Yu.

Positive

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Negative

  • None.
Shares to be sold under Rule 144 474,500 shares Common shares of Nano Nuclear Energy Inc. indicated for potential sale by I Financial Ventures Group LLC
Aggregate market value of shares to be sold $8,678,605.00 Value associated with the 474,500 common shares indicated for sale
Shares outstanding 53,698,146 shares Common shares of Nano Nuclear Energy Inc. outstanding as of the approximate sale date of September 1, 2026
10b5-1 sales by I Financial Ventures Group LLC 700,000 shares Common shares sold on June 3, 2026
Proceeds from I Financial Ventures Group LLC 10b5-1 sales $18,674,110.00 Sale proceeds for 700,000 common shares on June 3, 2026
10b5-1 sales by Jiang Yu 45,900 shares Common shares sold on June 3, 2026
Proceeds from Jiang Yu 10b5-1 sales $1,222,854.03 Sale proceeds for 45,900 common shares on June 3, 2026
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
10b5-1 regulatory
"10b5-1 Sales for I FINANCIAL VENTURES GROUP LLC"
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.
Open Market Purchase financial
"Common | 03/14/2022 | Open Market Purchase | Issuer"
An open market purchase is when a company buys its own shares on public stock exchanges the same way any investor would, rather than through a private deal. Investors care because these purchases reduce the number of shares available, can boost earnings per share and share price, signal that management thinks the stock is undervalued, and use company cash that might otherwise go to reinvestment or dividends — like a business quietly buying back its own tickets at the box office.
10% Stockholder financial
"10% Stockholder 144: Securities Information"

FAQ

What does the Form 144 notice disclose for Nano Nuclear Energy Inc. (NNE)?

The notice discloses that 10% stockholder I Financial Ventures Group LLC may sell up to 474,500 common shares of Nano Nuclear Energy Inc. under Rule 144, with an indicated aggregate market value of $8,678,605.00 and an approximate sale date of September 1, 2026.

How many Nano Nuclear Energy Inc. (NNE) shares are outstanding according to this notice?

The notice states that 53,698,146 common shares of Nano Nuclear Energy Inc. were outstanding as of the approximate sale date of September 1, 2026; this is reported as a baseline share count, not the amount being sold.

When and how did I Financial Ventures Group LLC acquire the NNE shares being sold?

I Financial Ventures Group LLC acquired the 474,500 Nano Nuclear Energy Inc. common shares on March 14, 2022 through an open market purchase, with the consideration paid in cash.

What 10b5-1 sales of NNE shares are disclosed for I Financial Ventures Group LLC?

The notice lists 10b5-1 sales for I Financial Ventures Group LLC of 700,000 common shares of Nano Nuclear Energy Inc. on June 3, 2026, for total proceeds of $18,674,110.00.

What NNE share sales are disclosed for Jiang Yu in this notice?

The disclosure lists 10b5-1 sales for Jiang Yu of 45,900 common shares of Nano Nuclear Energy Inc. on June 3, 2026, with total sale proceeds of $1,222,854.03.

Through which broker may the NNE shares be sold under this Rule 144 notice?

The common shares of Nano Nuclear Energy Inc. covered by this Rule 144 notice may be sold through Morgan Stanley Smith Barney LLC Executive Financial Services at New York, with the shares listed on NASDAQ.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature