Nano One Materials Corp T.NANO

First true sign

[Urallsheep]

Nano one is quickly running out of cash. Streamline shows desperation however it's to late. There is no future

[smartypantstoo]

and 20% of employees to be laid off.  what a mess

[Lawisfun]

Cutting workforce and focusing wholistically on LFP are prudent company decisions.  Admittedly, Nano is in a grave financial situation (I.e., the "valley of death" phase).  But these decisions give Nano the best chances for survival. Surviving an extra few quarters might make the difference in the end. 

[Teccing]

 Gtnano satisfaction 

[smartypantstoo]

yes, of course it helps the balance sheet.  My comment was WRT human beings, not numbers, as I in 5 people are now about to be terminated. 

[ForesstGump]

Your family ran out of cash