Deep Fission Completes $40M IPO at $16.00/Share, Securing Funds for Reactor Development
FISN is trading near its 52-week low of $11.53 (5.6% above the low).
Summary
Deep Fission, Inc. announced the completion of its initial public offering, raising $40 million in gross proceeds to fund its nuclear reactor development and general corporate purposes.
Key Events · Financing and Capital Events · FISN
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IPO Completion
Deep Fission, Inc. completed its public offering on June 22, 2026, raising $40 million in gross proceeds.
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Offering Details
The company sold 2,500,000 shares of common stock at $16.00 per share. Underwriters have a 30-day option for an additional 375,000 shares.
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Nasdaq Listing
The company's common stock began trading on the Nasdaq Global Market under the symbol "FISN" on June 18, 2026.
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Use of Proceeds
Net proceeds will be used for general working capital and corporate purposes, including the development and construction of its first pilot nuclear reactor.
Analysis · FISN · Energy & Transportation
Deep Fission, Inc. has successfully completed its initial public offering, raising $40 million in gross proceeds. This capital infusion is critical for the company's operations, particularly for the engineering, research, development, licensing, and construction of its first pilot nuclear reactor and related technologies. The completion of the IPO provides the necessary funding to advance its core business objectives.
At the time of this filing, FISN was trading at $12.18 on NASDAQ in the Energy & Transportation sector, with a market capitalization of approximately $749.3M. The 52-week trading range was $11.53 to $15.50. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.