On July 12, 2022, Nano Labs Ltd. announced the pricing of its initial public offering of 1,770,000 American depositary shares (ADSs) at a price to the public of US$11.50 per ADS. The ADSs began trading on the Nasdaq Global Market on July 12, 2022, under the symbol “NA.” Wilson Sonsini Goodrich & Rosati acted as U.S. counsel to Nano Labs in the offering.

Nano Labs is a leading fabless integrated circuit design company and product solution provider in China. It is committed to the development of high throughput computing (HTC) chips, high-performance computing (HPC) chips, distributed computing and storage solutions, smart network interface cards, vision computing chips, and distributed rendering. It has built a comprehensive flow processing unit architecture that offers a solution integrating features of both HTC and HPC.

The Wilson Sonsini team representing Nano Labs in the offering includes:​

Corporate
Dan Ouyang, Partner
Ke Li, Of Counsel
Rujin Ruan, Associate
Vincent Wang, Special Associate
Darren Zhuang, Special Associate

Tax
Myra Sutanto Shen, Partner

Please see Nano Labs' press release for more information.