NOCOPI TECHNOLOGIES INC/MD/ (NNUP) Nocopi Technologies, Inc. specializes in the creation and commercialization of unique reactive inks, primarily for the educational and entertainment product sectors. They also provide advanced technological solutions for document and product verification. Their specialized inks are found in various paper-based items, including coloring books, activity kits, board games, greeting cards, play sheets, single-use placemats, and promotional products. Beyond inks, Nocopi offers sophisticated anti-counterfeiting and anti-diversion technologies. These solutions are vital for confirming the authenticity of high-value documents such as merchandise receipts, checks, traveler's checks, gift certificates, and event tickets. The company also extends these services to product labeling and packaging. Additionally, Nocopi licenses its patented reactive ink technologies to businesses operating within the entertainment, toy, and authentication industries. With a broad international footprint, Nocopi conducts operations across North America, South America, Asia, and Australia. Established in 1983, the company's headquarters are located in King of Prussia, Pennsylvania.
Sector: Games, Toys & Children's Vehicles (No Dolls & Bicycles)
Industry: Chemicals - Specialty
Nocopi Technologies, Inc. OTC:NNUP Basic Materials · Chemicals - Specialty
All Press Release SEC Filings News
SEC Filing ⚠ 8
NNUP: S-1 · shelf registration
Nocopi Technologies (OTCQB: NNUP) filed an S-1 registering the resale of up to 4,315,790 shares by selling stockholders — 3,750,000 from private placements at $1.50, 500,000 issued in the Polymeric acquisition, and 65,790 held shares. The company receives no proceeds; all sale proceeds go to the selling stockholders.
The registered shares equal roughly 36% of the 11,910,064 shares outstanding, a substantial potential float expansion for a limited-liquidity OTCQB stock last trading at $1.75. The prospectus explicitly warns that sales of these shares could depress the market price.
The filing also details the May 2026 Polymeric Acquisition ($2.65 million total consideration including $1.9 million cash and 500,000 shares), which drove Q2 2026 revenue up 167% year-over-year to $961,000, though net loss widened to $472,000 on acquisition-related costs and a lower-margin revenue mix.
SEC S-1 • 10d ago AI analysis › SEC Filing ⚠ 1
NNUP: 8-K · leadership change
Nocopi Technologies' COO Terry Stovold resigned effective October 1, 2026, per a letter agreement dated September 30, 2026.
Stovold will remain a non-executive employee in a limited transitional capacity through July 1, 2029, receiving $8,000 per month plus continued medical and dental benefits, and will be entitled to a $90,000 lump-sum payment upon completion of the transition period (subject to a general release).
The agreement extends his non-competition and non-solicitation obligations through July 1, 2031 and supersedes compensation terms of his 2011 employment agreement. The Board has not yet named a successor COO.
SEC 8-K • 23d ago AI analysis › News
Nocopi Technologies (OTCMKTS:NNUP) Stock Passes Above Fifty Day Moving Average – Here’s What Happened
defenseworld.net • 1mo ago SEC Filing ⚠ 7
NNUP: 10-Q · periodic report
Nocopi Technologies reported Q2 2026 revenue of $961,012, up 167% from $360,000 a year earlier, driven primarily by the May 18, 2026 Polymeric asset acquisition, which contributed roughly $620,000 of revenue, plus higher ink shipments to the authorized printer used by its major entertainment and toy licensees.
Despite the revenue surge, the quarterly net loss widened to $471,927 from $58,600, as high-margin license and royalty revenue fell about 53% on non-renewals and gross margin compressed to 37% from 53% due to the mix shift toward lower-margin product sales.
The Polymeric deal carried $2.65 million in total consideration, combining $1.9 million in cash, assumed liabilities, and 500,000 shares valued at $750,000, and Nocopi raised another $600,000 in equity during the half, leaving cash at $10.7 million.
Management said existing cash resources will fund planned operations for the next twelve months and that it continues to actively evaluate additional strategic acquisitions, though no definitive agreements are in place.
SEC 10-Q • 2mo ago AI analysis › Press Release
Nocopi Technologies Reports Second Quarter Results
Nocopi Technologies (OTCQB: NNUP) reported fiscal 2026 second quarter results, with net sales increasing 167% to $0.96 million and cash and cash equivalents totaling $10.69 million with no debt.
The company completed the acquisition of the Polymeric Group on May 18, 2026, and appointed Gregory S. Babe as Executive Director of Operations; Mr. Babe formerly served as Chief Technology Officer of Matthews International (NASDAQ: MATW).
Nocopi reported a net loss of $0.47 million, or $0.04 per share, for the quarter, compared to a net loss of $0.06 million in the prior year period.
• 2mo ago AI analysis › SEC Filing ⚠ 3
NNUP: 8-K/A · acquisition merger
Nocopi Technologies completed the acquisition of substantially all assets of Polymeric U.S., Inc., a manufacturer of specialized ink and coating solutions, for a total consideration of $2.65 million. The transaction, structured through Nocopi's wholly-owned subsidiary Polymeric Nocopi LLC, consisted of $1.75 million in cash at closing, the assumption of specified liabilities, and the issuance of 500,000 shares of Nocopi common stock.
The acquisition significantly expands Nocopi's operational scale, with pro forma financial information for the three months ended March 31, 2026, showing combined revenue of approximately $1.7 million compared to Nocopi's standalone revenue of $389,700. The pro forma results also indicate a shift to profitability, with net income of $83,579 for the period compared to a net loss in Nocopi's standalone historical results. The deal includes a $150,000 holdback to secure post-closing working capital adjustments and indemnification obligations.
Concurrent with the acquisition, Nocopi entered into a private placement issuing 266,668 shares of common stock at $1.50 per share, generating gross proceeds of $400,000. The company received $299,000 at closing and recorded a subscription receivable for the remaining $101,000, bolstering its cash position alongside the acquisition.
SEC 8-K/A • 2mo ago Press Release
Nocopi Technologies Appoints Beth Vasy as Vice President of Growth Following the Acquisition of the Polymeric Group
Nocopi Technologies appointed Beth Vasy as Vice President of Growth to lead the integration of the recently acquired Polymeric Group.
The integration is on track with Polymeric reporting preliminary unaudited net revenue growth in the mid-single digits for Q2 and standalone revenue exceeding $5.3 million over the last 12 months.
Management emphasized that Vasy's experience in scaling specialty industrial products will be key to optimizing expanded operations and pursuing organic market opportunities.
• 3mo ago AI analysis › SEC Filing
NNUP: 8-K · proxy statement
Nocopi Technologies, Inc. held its 2026 Annual Meeting of Stockholders on June 17, 2026, where a quorum of 9,616,588 shares was represented out of 11,101,789 shares outstanding.
Shareholders approved all proposals presented, electing Matthew C. Winger as Class II director and ratifying Stephano Slack LLC as the independent auditor for the fiscal year ending December 31, 2026.
A non-binding advisory resolution to approve the compensation of the company's named executive officers was also passed, with 7,318,075 votes cast in favor.
SEC 8-K • 4mo ago Press Release ● Major ⚠ 2
Nocopi Technologies Expands Operations with Acquisition of Polymeric and Appointment of Industry Executive
Nocopi Technologies (OTCQB: NNUP) acquired substantially all assets of Polymeric US, Inc. for $2.65 million, a move that more than triples its revenue base to over $5 million.
The deal includes the appointment of Gregory S. Babe, former CEO of Bayer Corporation and former CTO of Matthews International (NASDAQ: MATW), as Executive Director of Operations.
Babe and an affiliate of Horizon Kinetics each purchased 133,334 shares in a private placement at $1.50 per share, alongside 500,000 shares issued to Polymeric sellers.
• 5mo ago AI analysis › SEC Filing ⚠ 4
NNUP: 8-K · acquisition merger
Nocopi Technologies Inc. (CIK 888981) completed the acquisition of substantially all assets of Polymeric U.S., Inc., a manufacturer of specialized ink and coating solutions, for a total consideration of $2.65 million. The deal structure included $1.75 million in cash paid at closing, a $150,000 holdback for working capital adjustments, and 500,000 shares of Nocopi common stock issued to the seller.
To support the transaction and future operations, Nocopi simultaneously entered into stock purchase agreements with institutional investors for a private placement of 266,668 shares at $1.50 per share. The company expects to receive gross proceeds of approximately $400,000 from this offering, with closings expected by September 2, 2026.
The acquisition marks a strategic expansion for Nocopi into the industrial, digital, and screen printing applications market under the 'Polymeric' trade name. The filing includes customary representations, warranties, and indemnification provisions, with a 18-month survival period for general claims and a $10,000 deductible for indemnification claims.
SEC 8-K • 5mo ago AI analysis › SEC Filing ⚠ 3
NNUP: 10-Q · periodic report
Nocopi Technologies reported a net loss of $62,300 for the first quarter of 2026, reversing a net income of $25,500 in the same period last year. Total revenue declined 19% to $389,700, driven primarily by a 47% drop in license, royalty, and fee income due to the timing of a major license renewal in January 2025.
The company closed a private placement on January 9, 2026, raising $400,000 by issuing 266,666 shares at $1.50 per share. Proceeds are designated for future acquisitions, aligning with management's stated strategy to expand through M&A. President Kevin Westenburg participated in the offering, purchasing 33,333 shares.
Despite the operating loss, Nocopi maintains a strong liquidity position with $11.9 million in cash and no long-term debt. The company generated $105,200 in interest income, which partially offset the operating deficit. Management expects to continue investing in R&D and pursuing acquisition candidates in the entertainment, toy, and security ink markets.
SEC 10-Q • 5mo ago AI analysis › Recent SEC filings with analysis 
