11 Best Performing IPOs in the Last 2 Years

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1. NANO Nuclear Energy Inc. (NASDAQ:NNE)

Date of the IPO: May 8, 2024

% growth since IPO: 728.16%

NANO Nuclear Energy Inc. (NASDAQ:NNE) claims a rank among our list of 11 best performing IPOs in the last 2 years. The company strengthens its position in the market following mixed results in Q3 2025.

On August 14, 2025, NANO Nuclear Energy Inc. (NASDAQ:NNE) reported its Q3 2025 fiscal results, highlighting a year-to-date operational loss of $35.8 million, a significant increase from the previous year. However, through a private placement, the company successfully raised $99 million, strengthening its cash position to $210.2 million.

Later, on August 27, 2025, NANO Nuclear Energy Inc. (NASDAQ:NNE) signed an MOU with Dioxitek S.A., establishing a non-binding framework through which both companies will evaluate the current capacities of uranium conversion to enrichment feedstock and its supporting infrastructure in Argentina, thus enhancing the company’s position in the nuclear market. On September 2, 2025, the company announced that it had been awarded a Direct to Phase II Small Business Innovation Research (SBIR), contract by AFWERX. The company can now scout the possibilities of deploying its advanced KRONOS MMR Energy System at Joint Base Anacostia-Bolling, JBAB, in Washington, D.C.

Since its IPO issue on May 8, 024, the company has significantly progressed as reflected in its growth value of 728.16%.

NANO Nuclear Energy Inc. (NASDAQ:NNE) is a developer of smaller, portable nuclear microreactors as a clean energy solution. Headquartered in New York, the company was founded in 2022, and its focus is on becoming a vertically integrated player in the nuclear energy sector.

While we acknowledge the potential of NNE to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NNE and that has 100x upside potential, check out our report about this cheapest AI stock.

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