August 13, 2024
NANO Nuclear Energy Fights Back Against Short Sellers

Company engages noted attorney Alex Spiro of Quinn Emannuel to explore and assert all legal recourse against Hunterbrook Media LLC and Hunterbrook Capital for defamatory and deceptive claims

NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear”), a vertically integrated advanced nuclear energy and technology company developing portable clean energy solutions, today announced its engagement of Quinn Emanuel Urquhart & Sullivan (Quinn Emanuel) to explore and assert all available legal recourse against Hunterbrook Media LLC’s disingenuous reporting and protect its interests and shareholders against the deceptive claims made in its report.

In addition, NANO Nuclear has officially sent a letter to Hunterbrook Medial LLC and Hunterbrook Capital, which can be viewed here: https://nanonuclearenergy.com/wp-content/uploads/2024/08/2024.08.13-Hunterbrook-Demand-Letter.pdf

Representing NANO Nuclear in this matter will be Alex Spiro, a partner at Quinn Emanuel, where he serves as Co-Chair of the Investigations, Government Enforcement & White Collar Defense Practice.  

“We believe NANO Nuclear has been unlawfully wronged by Hunterbrook, and so we are taking the fight to them. We are pleased to add Alex Spiro and the team at Quinn Emanuel to support us and our shareholders in this effort,” said Jay Yu, Founder and Chairman of NANO Nuclear. “Alex is one of the most experienced and hard-hitting attorneys in the world and his prior cases are a testament to his work ethic and dedication to the truth. We will explore every option and possibility to demonstrate Hunterbrook’s malicious intent and ulterior motives and rebuke them accordingly.”

“There has been a lot of speculation and controversy as to how Hunterbrook conducts their business and we are confident that our efforts will help us get to the truth of their actual motives in publishing their self-serving, misleading and deceptive report,” said James Walker, Chief Executive Officer, and Head of Reactor Development of NANO Nuclear Energy. “We aren’t the only company that has had the misfortune of defending ourselves against their claims, and I am certain we aren’t the only ones with questions. NANO Nuclear has no interest in mincing words or distorting the truth. We have always been fully transparent about the realities of the nuclear energy industry. We also have highly competent people doing their utmost to make our plans a reality, and to see our efforts blemished by the likes of Hunterbrook is not something that we will accept.”

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