Yu Jiang, serving as both President and Chairman of Nano Nuclear Energy Inc. (NNE), completed the sale of 507,621 common shares on January 28 and 29, 2026 via I Financial Ventures Group LLC, an entity through which the transactions were conducted. The aggregate proceeds from these disposals amounted to approximately $16.8 million, with per-share sale prices spanning $30.7623 to $35.25.
On January 28, Jiang executed sales totaling 388,664 shares. Those shares were sold across multiple transactions at prices between $33.8268 and $35.25, yielding a combined value of $13,248,106. The following day, January 29, he sold an additional 118,957 shares in multiple transactions priced from $30.7623 to $33.7406, generating $3,856,265 in proceeds.
Concurrently with the sales, Jiang acquired shares through option exercises on the same dates. On January 28, he exercised options that resulted in the acquisition of 378,661 common shares at an exercise price of $1.50 per share, for a total exercise cost of $567,991. On January 29, he exercised options that produced 121,339 common shares at the same $1.50 per-share exercise price, totaling $182,008. The combined number of shares obtained through exercise across the two days was 500,000.
Both the sales and the option exercises were executed indirectly through I Financial Ventures Group LLC and were made pursuant to a Rule 10b5-1 trading plan that was adopted in September 2025. Following the completion of these transactions, Yu Jiang, through I Financial Ventures Group LLC, beneficially owns 8,724,000 shares of Nano Nuclear Energy Inc. (NNE).
Market context noted with the transactions shows NNE shares trading at $29.40, a level that is down 15.4% over the past week according to InvestingPro data. That price movement places the recent sale prices above the current trading price cited.
Company developments alongside insider activity
Alongside the insider transactions, Nano Nuclear Energy disclosed several company developments:
- Appointment of Michael Montecalvo as Licensing Director - Montecalvo brings over 30 years of nuclear industry experience, including roles at the U.S. Nuclear Regulatory Commission.
- Initiation of analyst coverage by Texas Capital Securities with a Buy rating - the coverage highlights the KRONOS MMR reactor as a differentiator in the nuclear energy sector.
- Issuance of a Request for Information (RFI) to identify partners for development of the LOKI microreactor intended for space applications - the effort targets technology advancement and system integration.
- Execution of a Memorandum of Understanding (MOU) with South Korea’s DS Dansuk Co., Ltd. - the agreement aims to collaborate on micro modular reactor systems in South Korea, focusing on site identification, supply chain localization, and regulatory engagement.
Key takeaways
- Insider liquidity event - Yu Jiang sold 507,621 shares for about $16.8 million over two trading days while simultaneously exercising options to acquire 500,000 shares at $1.50 each.
- Governance and compliance - the trades were carried out under a Rule 10b5-1 plan established in September 2025 and executed indirectly through I Financial Ventures Group LLC.
- Ongoing strategic activity - Nano Nuclear Energy is moving forward on leadership hires, analyst coverage, space-oriented microreactor development, and a South Korea partnership aimed at localization and regulatory work.
Risks and uncertainties noted in the disclosure
- Share price volatility - NNE’s share price was reported at $29.40 and had fallen 15.4% over the prior week according to InvestingPro data, indicating short-term price movement risk for equity holders.
- Reliance on strategic execution - initiatives such as the LOKI microreactor RFI and the MOU with DS Dansuk involve development, partner selection, and regulatory processes that carry implementation and timing uncertainty.
- Concentration of ownership - post-transaction beneficial ownership by Jiang through I Financial Ventures Group LLC stands at 8,724,000 shares; concentrated holdings can influence perceived governance and market dynamics.
The transactions and corporate announcements provide a snapshot of simultaneous insider liquidity and operational developments at Nano Nuclear Energy. The 10b5-1 plan, option exercises at a modest exercise price, and the company’s stated strategic moves were disclosed as described above.