---
schema_version: "secwatch.filing_event.v1"
accession: "0001079973-23-000971"
form_type: "8-K"
ticker: "NNUP"
cik: "0000888981"
company_name: "NOCOPI TECHNOLOGIES INC/MD/"
filed_at: "2023-07-17T23:59:59+00:00"
generated_at: "2026-06-13T08:00:02.061772+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "medium"
source: SEC EDGAR
---

# Nocopi terminates Santander loan; annual meeting elects directors

## Summary
- Termination of Business Loan Agreement with Santander Bank effective June 30, 2023.
- Annual meeting held July 12; re-elected directors Matthew C. Winger and Joseph K. Raymond.
- Stockholders ratified Morison Cogen as independent auditor and approved say-on-pay.
- Approximately 8.2 million shares voted, representing a quorum of 9.25 million outstanding.

## SEC filing metadata
- accession: 0001079973-23-000971
- form_type: 8-K
- ticker: NNUP
- cik: 0000888981
- company_name: NOCOPI TECHNOLOGIES INC/MD/
- filed_at: 2023-07-17T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: medium
- sec_items: 1.02, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/888981/000107997323000971/0001079973-23-000971-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/888981/000107997323000971/nnup_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001079973-23-000971
- JSON: https://secwatch.observer/filing/0001079973-23-000971.json
- Plain text: https://secwatch.observer/filing/0001079973-23-000971.txt

## Key facts
- Material Agreements
  NOCOPI TECHNOLOGIES INC/MD/ terminated Business Loan Agreement with Santander Bank, N.A. (effective 2023-06-30).
  - Action: termination
  - Agreement: credit facility
  - Counterparty: Santander Bank, N.A.
  - Effective: 2023-06-30
  source text: the Company’s request to terminate that certain Business Loan Agreement with Santander Bank, N.A. relating to the Company’s business line of credit was granted on June 30, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/888981/000107997323000971/0001079973-23-000971-index.htm
- Shareholder Votes
  NOCOPI TECHNOLOGIES INC/MD/ shareholders approved Advisory Vote to Approve the Compensation of the Company's Named Executive Officers at the 2023-07-12 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2023-07-12
  source text: Proposal 3: Advisory Vote to Approve the Compensation of the Company’s Named Executive Officers The following votes were cast with respect to Proposal 3. The proposal was approved. For Against Abstain Broker Non-votes 6,562,926 3,628 582 1,635,579
  evidence_url: https://www.sec.gov/Archives/edgar/data/888981/000107997323000971/0001079973-23-000971-index.htm
- Shareholder Votes
  NOCOPI TECHNOLOGIES INC/MD/ shareholders approved Election of Directors at the 2023-07-12 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-07-12
  source text: Proposal 1: Election of Directors The following persons were elected to the Board of Directors to serve until the 2026 Annual Meeting of Stockholders or until their successors have been duly elected or appointed and qualified: Name Votes For Votes Against Votes Withheld Broker Non-votes Matthew C. Winger 6,563,627 3,499 10 1,635,579 Joseph K. Raymond 6,549,722 14,531 2,883 1,635,579
  evidence_url: https://www.sec.gov/Archives/edgar/data/888981/000107997323000971/0001079973-23-000971-index.htm
- Shareholder Votes
  NOCOPI TECHNOLOGIES INC/MD/ shareholders approved Ratify Morison Cogen LLP as the Company’s Independent Registered Public Accounting Firm at the 2023-07-12 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-07-12
  source text: Proposal 2: Ratify Morison Cogen LLP as the Company’s Independent Registered Public Accounting Firm The following votes were cast with respect to Proposal 2. The proposal was approved. For Against Abstain Broker Non-votes 7,515,199 684,946 2,570 —
  evidence_url: https://www.sec.gov/Archives/edgar/data/888981/000107997323000971/0001079973-23-000971-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.