other_material
confidence high
sentiment neutral
materiality 0.30
Nocopi raises $0.4M in private placement of 266,666 shares at $1.50 each
NOCOPI TECHNOLOGIES INC/MD/
- Private placement of 266,666 shares at $1.50/share, gross proceeds ~$0.4M.
- Closing expected by January 9, 2026; registration rights require filing by Jan 9, 2027.
- President and Director Kevin Westenburg participated, purchasing 33,333 shares.
- Shares offered under Section 4(a)(2) exemption; no registration under Securities Act.
item 1.01item 3.02item 9.01