NOCOPI TECHNOLOGIES INC/MD/ (NNUP) Form 8-K — May 21, 2026
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.
Key figures
- Cash Position
- 1750000
- Deal Value Usd
- 2650000
- Gross Proceeds
- 400000
- Offering Price
- 1.5
- Shares Offered
- 266668
- Holdback amount
- 150000
- Working capital target
- 1778637
- Stock consideration shares
- 500000
Price after filing
Close on the filing date to close N calendar days later (from $1.85). Historical, not a forecast.
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