Brief: Nano Labs Announces Receipt Of Interest-Free Loans From Shareholders

Nano Labs

28/07/2023 23:25

July 28 (Reuters) - Nano Labs Ltd  NA.O :
    * NANO LABS ANNOUNCES RECEIPT OF INTEREST-FREE LOANS FROM
SHAREHOLDERS
    * NANO LABS LTD - ENTERED INTO DEAL WITH CEO, VICE CHAIRMAN,
ALONG
WITH RESPECTIVE AFFILIATES
    * NANO LABS LTD -  DEAL TO PROVIDE INTEREST-FREE LOANS IN
TOTAL
AMOUNT OF $10 MILLION
    * NANO LABS- LOANS TO FUND RESEARCH & DEVELOPMENT
INITIATIVES
DIRECTED TOWARDS ADVANCEMENT OF ASIC CHIPS, SMART-NICS, & VISION
COMPUTING CHIPS
    * NANO LABS LTD - LOANS WILL BECOME DUE ON JUNE 30, 2024

Source text for Eikon:  ID:nPn7BKdGSa 
Further company coverage:  NA.O 

 ((Reuters.Briefs@thomsonreuters.com;))