Nano-Proprietary Completes Private Share Placement

Nano-Proprietary, Inc. have announced that they have completed a private placement in which they will issue a total of 1,335,295 shares of its common stock in exchange for gross proceeds of $2,270,000. Net of expenses, the company will receive approximately $2,210,000.

The offering was priced at $1.70 per share on September 24th, 2003 when the company’s stock closed at $1.80 per share.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this article?

Leave your feedback