---
schema_version: "secwatch.filing_event.v1"
accession: "0001553350-22-000643"
form_type: "8-K"
ticker: "NNUP"
cik: "0000888981"
company_name: "NOCOPI TECHNOLOGIES INC/MD/"
filed_at: "2022-08-05T23:59:59+00:00"
generated_at: "2026-06-24T03:33:39.335244+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Nocopi enters $3.5M private placement at $1.40/share; approves 1-for-10 reverse split

## Summary
- Issues 2.5M shares to two investors at $1.40/share (adjusted for reverse split); priced at ~$0.14 VWAP pre-split.
- Gross proceeds of $3.5M; no placement fees or commissions incurred.
- Closing subject to reverse stock split becoming effective and other conditions; any purchaser may terminate if not closed by Sep 15, 2022.
- 1-for-10 reverse stock split effective Aug 26, 2022; fractional shares rounded up to whole shares.
- Registration rights agreement requires filing of registration statement by Aug 1, 2023.

## SEC filing metadata
- accession: 0001553350-22-000643
- form_type: 8-K
- ticker: NNUP
- cik: 0000888981
- company_name: NOCOPI TECHNOLOGIES INC/MD/
- filed_at: 2022-08-05T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 5.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/888981/000155335022000643/0001553350-22-000643-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/888981/000155335022000643/nnup_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001553350-22-000643
- JSON: https://secwatch.observer/filing/0001553350-22-000643.json
- Plain text: https://secwatch.observer/filing/0001553350-22-000643.txt

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