New Issue: Nano-Proprietary settles $1 million stock offering

By Sheri Kasprzak

New York, Oct. 25 - Nano-Proprietary, Inc. said it has concluded a private placement for $1 million.

The company issued 482,393 shares at $2.073 each to Pinnacle Fund, LP.

Proceeds from the deal will be used for working capital.

Based in Austin, Texas, Proprietary conducts research on carbon nanotubes used in electronic displays.

Issuer:	Nano-Proprietary, Inc.
Issue:	Stock
Amount:	$1 million
Shares:	482,393
Price:	$2.073
Warrants:	No
Investor:	Pinnacle Fund, LP
Settlement date:	Oct. 20
Stock price:	$2.07 at close Oct. 20

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.