Nano One Materials stock holds at EUR 0.55 as CEO takes leave

Published on 09/29/2026 at 19:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nano One Materials stock faces interim leadership after September 16, 2026. Q2 cash stood at CAD 19.3 million, with CAD 12.3 million in first-half funding.

NANO, CA63010A1030, Illustration mit AI erstellt.

Nano One Materials stock (ISIN CA63010A1030) was trading at EUR 0.55 at Lang & Schwarz on September 29, 2026 at 7:41 p.m. CEST, unchanged from the prior close of EUR 0.55. The latest corporate development is a temporary leadership transition after CEO Alex Holmes took medical leave.

Interim CEO takes charge

According to Business Wire on September 16, 2026, Nano One appointed board chair Anthony Tse as interim chief executive while Holmes is away. The company expects Holmes to return in the coming months, and Tse is responsible for overseeing operations and continuing the strategy.

The change comes as Nano One works to commercialize its One-Pot process for lithium-ion battery cathode active materials. The company says its technology is designed to reduce production steps, wastewater and exposure to concentrated supply chains.

Cash supports the next buildout

For the three and six months ended June 30, 2026, Nano One reported CAD 19.3 million in cash, CAD 18.2 million in net assets and CAD 17.6 million in working capital, according to The Globe and Mail. Government funding reached CAD 12.3 million in the first half of 2026, limiting six-month net cash use to CAD 4.3 million.

Nano One also had CAD 20.0 million in undrawn government funding as of August 2026, while a CAD 1.0 million Natural Resources Canada grant arrived in July 2026. The comparison matters because non-dilutive funding has become a central financing pillar while commercial revenue remains in development.

Expansion targets 800 tonnes

The Candiac facility expansion was 85.00 percent engineered by mid-July 2026 and is targeted to reach 800 tonnes of annual capacity in the first half of 2027. That capacity is intended to support larger customer samples, plant-design licensing and joint-venture opportunities.

Nano One Materials has a market capitalization of CAD 105.4 million as of September 29, 2026. Its 52-week range is CAD 0.65 to CAD 2.20, placing the company in a development phase where funding execution and customer qualification remain key valuation markers.

Stock holds at EUR 0.55

Nano One Materials stock was trading at EUR 0.55 at Lang & Schwarz on September 29, 2026 at 7:41 p.m. CEST, with a daily change of 0.00 percent versus the Lang & Schwarz prior close of EUR 0.55 on September 28, 2026.