Recent Updates — INIS
Radnostix Inc. entered into an Asset Purchase Agreement on September 28, 2026, to divest its depleted uranium deconversion and fluorine extraction assets (the DUF6 Plant) in Hobbs, New Mexico, to NANO Nuclear Energy Inc. The transaction consideration consists of $9.5 million in cash and $4 million in restricted shares of NANO common stock, subject to adjustments for liens and escrow funds. Closing is contingent upon U.S. Nuclear Regulatory Commission license transfer approval, satisfactory environmental assessments, and the acquisition of fee simple title or a valid leasehold interest in the 640-acre Hobbs Site from Lea County. The company intends to use net proceeds to accelerate growth in its radioisotope technology segments. Radnostix Inc. manufactures radioisotope technology products, including pharmaceutical drug products for thyroid cancer treatment and calibration standards.
On July 16, 2026, Radnostix Inc. held its Annual Meeting of Shareholders, where stockholders approved the 2026 Incentive Plan. This plan replaces an expired 2015 plan and authorizes the issuance of up to 12,000,000 shares of common stock to attract and retain employees, officers, directors, and service providers. Shareholders also elected five directors and ratified the appointment of Haynie & Company as the independent registered public accounting firm for the fiscal year ending December 31, 2026. The company operates in the healthcare industry, providing diagnostic and medical testing solutions.