Capital Raise Leak? Nano One capital raise details shared? We saw what happened to Novonix recently where information about their capital raise was leaked to the market and caused the stock to drop significantly before a trading halt was implemented. Insider trading at it's worst.
Who knows, perhaps word got out about Nano One's capital raise details which spooked some institutional investors. The timing would make sense. And the trading volumes do suggest an institutional investor is exiting their Nano position very abruptly.
At this point all we can do is hang on tight and hope this thing does not hit zero. Nano leadership needs to focus all their efforts on protecting shareholders including a sale of the IP and all facilities. Get us $2 CAD and cut your losses.