{"schema_version":"secwatch.filing_event.v1","accession":"0001079973-23-001254","form_type":"8-K","ticker":"NNUP","cik":"0000888981","company_name":"NOCOPI TECHNOLOGIES INC/MD/","filed_at":"2023-09-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.894580+00:00","generated_at":"2026-06-10T19:44:37.375386+00:00","sec_items":["1.01","3.02","7.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Nocopi Technologies raises $5M in private placement; Frost Gamma Investments acquires 1.25M shares at $4.00 each","bullets":["Gross proceeds $5 million from private placement of 1.25M shares at $4.00 per share to Frost Gamma Investments Trust.","No placement fees, commissions, or warrants issued in the transaction.","Frost Gamma to receive 65,790 advisory shares ratably over three-year term for services from Phillip Frost.","Proceeds to be used for working capital and general corporate purposes."],"urls":{"canonical":"https://secwatch.observer/filing/0001079973-23-001254","json":"https://secwatch.observer/filing/0001079973-23-001254.json","markdown":"https://secwatch.observer/filing/0001079973-23-001254.md","text":"https://secwatch.observer/filing/0001079973-23-001254.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/888981/000107997323001254/0001079973-23-001254-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/888981/000107997323001254/nnup_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T19:44:37.375386+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"fef82fdc0044beaa4050dede815008e535d802cc","claim":"NOCOPI TECHNOLOGIES INC/MD/ entered into Stock Purchase Agreement with Frost Gamma Investments Trust valued at $5 million (effective 2023-09-11).","evidence_excerpt":"On September 11, 2023, Nocopi Technologies, Inc., a Maryland corporation (the “ Company ”) entered into a Stock Purchase Agreement (the “ Purchase Agreement ”), by and between the Company and Frost Gamma Investments Trust (the “ Purchaser ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/888981/000107997323001254/0001079973-23-001254-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Frost Gamma Investments Trust"},{"label":"Value","value":"$5 million"},{"label":"Effective","value":"2023-09-11"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}