Achievement February 13, 2026

Troutman Pepper Locke Advises Lead Placement Agents in Deep Fission’s $80 Million Private Placement

CHARLOTTE – Troutman Pepper Locke represented The Benchmark Company and Seaport Global Securities as lead placement agents in Deep Fission, Inc.’s $80 million private placement (PIPE) of common stock. Deep Fission, a pioneering advanced nuclear energy company placing small modular pressurized water reactors in boreholes one mile underground, announced the closing of the financing on Feb. 10, 2026. For more information, see the press release.

The Troutman Pepper Locke team that advised the lead placement agents was led by Rakesh Gopalan and David Wolpa, with assistance from associates Gabby Gaudet and Grace Fortmann.

Consistently recognized as a top-tier practice, Troutman Pepper Locke’s corporate attorneys leverage broad experience and deep industry knowledge to help clients navigate global markets and achieve their capital-raising objectives. The firm’s capital markets team is regularly recognized in industry league table rankings released by LSEG and Bloomberg, maintaining top rankings internationally and in the Americas. The team focuses on minimizing regulatory and economic risks while positioning clients for potential opportunities. The firm represents domestic and foreign issuers, underwriters, selling and controlling shareholders, and other market participants in a wide range of capital markets transactions.

Troutman Pepper Locke

Troutman Pepper Locke helps clients solve complex legal challenges and achieve their business goals in an ever-changing global economy. With more than 1,600 attorneys in 30+ offices, the firm serves clients in all major industry sectors, with particular depth in energy, financial services, health care and life sciences, insurance and reinsurance, private equity, and real estate. Learn more at troutman.com.

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