Nanophase Announces $6M Financing
NANOPHASE TECHS CORP (NANX)
US:NASDAQ Investor Relations:
nanophase.com/investors-section/investors
Company Research
Source: GlobeNewswire
ROMEOVILLE, Ill., March 05, 2024 (GLOBE NEWSWIRE) -- Nanophase Technologies Corporation (OTCQB: NANX), a leader in minerals-based and scientifically-driven health care solutions across beauty and life science categories — with innovations that protect skin from environmental aggressors and aid in medical diagnostics —announced today that it has concluded an equity financing in the amount of $6M with Strandler, LLC, an affiliate of its largest shareholder, Bradford T. Whitmore. The structure of the financing was in the form of convertible preferred stock. Strandler has purchased 15,000 shares of Nanophase Series X preferred shares, each of which will be convertible into 1,000 shares of Nanophase common stock. Pending shareholder approval of additional authorized common shares, and assuming conversion of all preferred shares, this will result in a total of 15,000,000 shares of Nanophase common stock being issued at an equivalent price of $0.40 per share. As part of the consideration f
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- Nanophase Technologies Corporation (PNK:NANX) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Nanophase Reports Record First Quarter Results [Yahoo! Finance]Yahoo! Finance
- Nanophase Reports Record First Quarter ResultsGlobeNewswire
- Nanophase Technologies Announces First Quarter 2024 Financial Release and Conference Call DetailsGlobeNewswire
- Nanophase Announces Successful Litigation SettlementGlobeNewswire
NANX
Sec Filings
- 5/17/24 - Form 4
- 5/13/24 - Form 10-Q
- 5/13/24 - Form 4
- NANX's page on the SEC website