NASDAQ: NUCL
Eagle Nuclear Energy Corp.CIK 0002089283 · SIC 1090 · Miscellaneous Metal Ores
Every 8-K is open in full. Other 10-Ks and 10-Qs show a 3-bullet preview. A free account reads 3 more full reports a month. Generating a report requires a verified account.
Sign up freeWant to see a complete report first? Today's free report (HON 10-Q) is open in full — no account needed.
Summary not yet generated.
Summary not yet generated.
Partner
Trade NUCL commission-free
Open an account, get a free stock.
Investing involves risk. Free stock terms apply.
Summary not yet generated.
Eagle Nuclear Energy engages CBIZ CPAs as independent auditor for fiscal 2026
4 material changes detected. Sign up free to read the summary.
Eagle Nuclear Energy auditor resigns after flagging going-concern doubt and material weakness
4 material changes detected. Sign up free to read the summary.
Summary not yet generated.
Summary not yet generated.
Summary not yet generated.
Summary not yet generated.
Eagle Nuclear completes de-SPAC, acquires Oregon Energy, and lists on Nasdaq as NUCL
5 material changes detected. Sign up free to read the summary.
Summary not yet generated.
Summary not yet generated.
Summary not yet generated.
Summary not yet generated.
Summary not yet generated.
Summary not yet generated.
Latest financial statements
From 10-Q filed Oct 13, 2026 (period ending Aug 31, 2026). As printed on the EDGAR/iXBRL face — not generated by the model.
Statements of Operations (Unaudited)
| Description | Three months ended August 31, 2026 | Three months ended August 31, 2025 | Nine months ended August 31, 2026 | Nine months ended August 31, 2025 |
|---|---|---|---|---|
| Operating expenses | ||||
| General and administrative | 3,364,327 | 1,130,009 | 11,409,951 | 2,753,537 |
| Exploration expense | 360,486 | 147,297 | 1,084,406 | 211,280 |
| Total operating expenses | (3,724,813) | (1,277,306) | (12,494,357) | (2,964,817) |
| Other income (expense) | ||||
| Change in fair value of warrant liability | 8,075,000 | — | (9,675,724) | — |
| Other expenses | (4,246) | (5,025) | (17,807) | (9,615) |
| Total other income (expense) | 8,070,754 | (5,025) | (9,693,531) | (9,615) |
| Net income (loss) | 4,345,941 | (1,282,331) | (22,187,888) | (2,974,432) |
| Accretion of mezzanine equity | (197,095) | — | (401,171) | — |
| Preferred stock dividends | (928,460) | — | (1,709,611) | — |
| Net income (loss) attributable to common stockholders | 3,220,386 | (1,282,331) | (24,298,670) | (2,974,432) |
| Weighted average number of shares outstanding, redeemable common stock Basic and diluted(1) | — | 986,413 | — | 331,204 |
| Loss per share, redeemable common stock Basic and diluted(1) | — | (0.06) | — | (0.16) |
| Weighted average number of shares outstanding, common stock Basic(2) | 29,799,474 | 18,888,289 | 26,363,840 | 17,801,944 |
| Earnings (loss) per share, common stock Basic(2) | 0.10 | (0.06) | (0.92) | (0.16) |
| Weighted average number of shares outstanding, common stock Diluted(2) | 29,849,667 | 18,888,289 | 26,363,840 | 17,801,944 |
| Earnings (loss) per share, common stock Diluted(2) | 0.10 | (0.06) | (0.92) | (0.16) |
Balance Sheets (Unaudited)
| Description | August 31, 2026 | November 30, 2025 |
|---|---|---|
| Assets | ||
| Current assets | ||
| Cash | 25,466,623 | 1,301,928 |
| Prepaid expenses | 715,693 | 162,897 |
| Total current assets | 26,182,316 | 1,464,825 |
| Restricted cash | 191,074 | — |
| Deposits | 71,506 | 71,506 |
| Property, plant and equipment, net | 286,612 | — |
| Intangible asset, net | 99,317 | 65,915 |
| Mineral rights | 12,755,725 | 1,201,390 |
| Right of use assets operating leases, net | 665,545 | 84,326 |
| Total assets | 40,252,095 | 2,887,962 |
| Liabilities, Mezzanine Equity, and Stockholders’ Equity (Deficit) | ||
| Current liabilities | ||
| Accounts payable and accrued liabilities | 332,733 | 530,339 |
| Due to related parties | 15,919 | 280,025 |
| Dividends payable | 772,230 | — |
| Lease liabilities operating leases, current | 144,572 | 33,155 |
| Total current liabilities | 1,265,454 | 843,519 |
| Warrant liability | 13,850,000 | — |
| Lease liabilities operating leases, non-current | 548,220 | 55,086 |
| Total liabilities | 15,663,674 | 898,605 |
| Commitments and contingencies (Note 12) | ||
| Mezzanine equity | ||
| Redeemable common stock, $0.0001 par value, 300,000,000 shares authorized; none issued and outstanding as of August 31, 2026; aggregate liquidation preference of $0 as of August 31, 2026 ($0.0001 par value, 350,000,000 shares authorized; 2,750,000 issued and subject to possible redemption at $0.11 per share as of November 30, 2025)(1) | — | 300,000 |
| Series A Cumulative Preferred Stock, redeemable, $0.0001 par value, 29,700 shares authorized; 29,700 shares issued and subject to possible redemption beginning February 24, 2031 at $1,031.56 per share, as of August 31, 2026; aggregate liquidation preference of $30,637,381 as of August 31, 2026 | 26,864,276 | — |
| Stockholders’ equity (deficit) | ||
| Common stock, $0.0001 par value, 300,000,000 shares authorized; 29,683,966 shares issued and outstanding as of August 31, 2026 ($0.0001 par value, 350,000,000 shares authorized; 18,888,289 shares issued and outstanding, excluding 2,750,000 shares subject to possible redemption as of November 30, 2025)(2) | 2,968 | 1,889 |
| Preferred stock, $0.0001 par value, 3,500,000 shares authorized; none issued and outstanding as of August 31, 2026, excluding 29,700 shares designated to Series A Cumulative Preferred Stock ($0.0001 par value, 50,000,000 shares authorized; none issued and outstanding as of November 30, 2025) | — | — |
| Additional paid-in capital(2) | 26,189,754 | 7,968,157 |
| Accumulated deficit | (28,468,577) | (6,280,689) |
| Total stockholders’ equity (deficit) | (2,275,855) | 1,689,357 |
| Total liabilities, mezzanine equity and stockholders’ equity (deficit) | 40,252,095 | 2,887,962 |
Statements of Cash Flows (Unaudited)
| Description | Nine months ended August 31, 2026 | Nine months ended August 31, 2025 |
|---|---|---|
| Net loss | (22,187,888) | (2,974,432) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Amortization and depreciation | 13,426 | 674 |
| Change in fair value of warrant liability | 9,675,724 | — |
| Loss on foreign currency transactions | 17,952 | 9,615 |
| Amortization of right of use assets | 96,877 | — |
| Non-cash consulting fees | — | 15,250 |
| Stock based compensation | 6,080,147 | — |
| Changes in operating assets and liabilities: | ||
| Accounts payable and accrued liabilities | (213,195) | 57,243 |
| Prepaid expenses | (485,908) | (237,364) |
| Due to related parties | (264,106) | (329,080) |
| Lease liabilities | (74,200) | — |
| Net cash used in operating activities | (7,341,171) | (3,458,094) |
| Cash flows from investing activities | ||
| Purchase of property, plant and equipment | (54,854) | — |
| Purchase of intangible assets | (32,459) | (67,430) |
| Investment in mineral rights | (18,155) | (773,651) |
| Cash assumed on acquisition of Oregon Energy LLC | 141,262 | — |
| Net cash provided by (used in) investing activities | 35,794 | (841,081) |
| Cash flows from financing activities | ||
| Proceeds from the issuance of common stock, net of issuance costs | — | 7,436,478 |
| Proceeds from the issuance of redeemable common stock | — | 300,000 |
| Proceeds from exercise of warrants | 2,300 | — |
| Proceeds from PIPE financing | 29,700,000 | — |
| Proceeds from reverse recapitalization | 4,894,595 | — |
| Cash paid for transaction costs of de-SPAC | (2,916,782) | — |
| Net cash provided by financing activities | 31,680,113 | 7,736,478 |
| Effects of foreign exchange on cash | (18,967) | (8,003) |
| Increase in cash and restricted cash | 24,355,769 | 3,429,300 |
| Cash and restricted cash, beginning of period | 1,301,928 | 717 |
| Cash and restricted cash, end of period | 25,657,697 | 3,430,017 |
| Presented as: | ||
| Cash | 25,466,623 | 3,430,017 |
| Restricted cash | 191,074 | — |
| Cash and restricted cash, end of period | 25,657,697 | 3,430,017 |
| Supplemental disclosure of non-cash information | ||
| Share issuance costs in accounts payable | — | 170 |
| Share issuance costs settled in shares | 2,097,000 | 348,194 |
| Share issuance for acquisition of Oregon Energy LLC | 11,959,827 | — |
| Fair value allocated to mineral rights on acquisition of Oregon Energy LLC | 11,536,180 | — |
| Conversion of redeemable common stock into nonredeemable common stock | 300,000 | — |
| Net non-cash assets assumed upon reverse recapitalization | 13,371 | — |
| Warrants issued for settlement of loans from SVII Sponsor | 2,422,133 | — |
| Initial fair value of warrant liability recognized under PIPE financing | 4,174,276 | — |
| Accretion of mezzanine equity | 401,171 | — |
| Series A Preferred Stock dividend paid-in-kind | 937,381 | — |
| Accrued Series A Preferred Stock dividend | 772,230 | — |
| Additions to intangible assets in accounts payable | 4,115 | — |
| Operating right of use assets obtained by lease obligation | 678,096 | — |
| Additions to mineral rights in accounts payable | — | 12,128 |
| Prepaid expenses paid by issuance of shares | — | 122,000 |
| Consultant bonus settled by issuance of bonus shares | — | 183,000 |
Amounts as printed on the EDGAR/iXBRL face. Labels, columns, and figures are the filing face, not a GAAP stencil. Interactive statements & notes on EDGAR ↗