- Nocopi Technologies (OTCPK:NNUP) has completed a private placement of 1.25M shares of common stock for gross proceeds of $5M, or a purchase price of $4/share.
- Nocopi intends on using the net proceeds from the private placement for working capital and general corporate purposes.
- “This capital further supports the rollout of our growth strategy into other areas and demonstrates the strong ongoing support we have received from investors,” said newly appointed Chairman and CEO Michael S. Liebowitz.
- NNUP is +11.3% to $3.73.
Nocopi Technologies completes $5M equity offering, further increases cash position
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| Symbol | Last Price | % Chg |
|---|---|---|
| NNUP | - | - |
| Nocopi Technologies, Inc. | ||