Added to YB: 2026-06-24
Pitch date: 2026-06-22
FISN [bearish]
Deep Fission, Inc.
Author Info
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Company Info
Deep Fission, Inc. develops and deploys small modular nuclear reactors placed deep underground to generate electricity.
Market Cap
$749.3M
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
-16.03
P/E
-5.47
EV/Sales
N/A
Sector
Construction and Engineering
Category
special_situation
Deep Fission (FISN): A Mile Deep, and Already Underwater
FISN (short): Nuclear startup pitched on Blue Owl 'backing' (just $20M minority stake + non-binding MOU). Reverse-merged shell; insiders paid $0.0001-$3 vs retail's $16, already broke below $16 IPO. Zero revenue, going-concern, restated financials, 4 material weaknesses, 3 auditors in 6mo. Reactor never run, no NRC filing. Same Tompkins/Jacobs/Del Mar/Benchmark playbook as Aeluma (down genre of 96-99% names). Lockups expire Sep-Dec; needs $200M = more dilution. Expects major spill.
Read full article (13 min)