08:04 AM EDT, 10/15/2025 (MT Newswires) -- Nano Labs ( NA ) said Wednesday that its board has authorized a share repurchase program of up to $25 million over the next 12 months.

The company said repurchases will be funded from its existing cash balance and proceeds from the liquidation of crypto assets.

Shares of the company were up more than 3% in recent Wednesday premarket activity.