---
schema_version: "secwatch.filing_event.v1"
accession: "0001553350-22-000764"
form_type: "8-K"
ticker: "NNUP"
cik: "0000888981"
company_name: "NOCOPI TECHNOLOGIES INC/MD/"
filed_at: "2022-09-14T23:59:59+00:00"
generated_at: "2026-06-23T09:52:23.931841+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Nocopi closes $3.5M private placement; 2.5M shares issued post reverse split

## Summary
- Closed private placement of 2.5M shares of post-reverse-split common stock for gross proceeds of $3.5M.
- No placement fees or commissions paid; proceeds for working capital, growth, and general corporate purposes.
- Post transaction and 1:10 reverse split effective Sept 2, 2022, shares outstanding approx 9,249,505.
- CEO Michael Feinstein cites increased cash, debt-free balance sheet, and enhanced board for growth opportunities.

## SEC filing metadata
- accession: 0001553350-22-000764
- form_type: 8-K
- ticker: NNUP
- cik: 0000888981
- company_name: NOCOPI TECHNOLOGIES INC/MD/
- filed_at: 2022-09-14T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/888981/000155335022000764/0001553350-22-000764-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/888981/000155335022000764/nnup_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001553350-22-000764
- JSON: https://secwatch.observer/filing/0001553350-22-000764.json
- Plain text: https://secwatch.observer/filing/0001553350-22-000764.txt

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