# NOCOPI TECHNOLOGIES INC/MD/ (NNUP) — capital_raise/private_placement [completed]
Source: SEC API (secapi.ai) · situation sit_827d01afff3fa466b527 · retrieved 2026-08-11T15:54:33.859Z

## Overview
Nocopi Technologies, Inc. manufactures and commercializes specialized ink and coating solutions for industrial, digital and screen printing applications.

On May 18, 2026, Nocopi Technologies, Inc. completed the acquisition of substantially all assets of Polymeric U.S., Inc., a manufacturer of specialized ink and coating solutions for industrial, digital and screen printing applications. The aggregate consideration was $2,650,000, consisting of $1,900,000 in cash (subject to working capital adjustments), the assumption of certain specified liabilities, and the issuance of 500,000 shares of Nocopi common stock. At closing, Nocopi paid $1,750,000 in cash net of a $150,000 holdback, which will be released in stages: up to $50,000 within five business days after final working capital determination, $50,000 on the 12-month anniversary, and the remaining balance on the 18-month anniversary.

## Terms
- Counterparty: Polymeric U.S., Inc. · Deal value: $2.6M · Consideration: mixed

## Key dates
- Completed 2026-05-18

## Timeline
- 2026-07-31 · 8-K/A (0001553350-26-000116): 8-K/A - NOCOPI TECHNOLOGIES INC/MD/ — *Nocopi Technologies, Inc. manufactures and commercializes specialized ink and coating solutions for industrial, digital and screen printing applications.* On May 18, 2026, Nocopi Technologies, Inc. completed the acquisition of substantially all assets of Polymeric U.S., Inc., a manufacturer of specialized ink and coating solutions for industrial, digital and screen printing applications. The aggregate consideration was $2,650,000, consisting of $1,900,000 in cash (subject to working capital adjustments), the assumption of certain specified liabilities, and the issuance of 500,000 shares of Nocopi common stock. At closing, Nocopi paid $1,750,000 in cash net of a $150,000 holdback, which will be released in stages: up to $50,000 within five business days after final working capital determination, $50,000 on the 12-month anniversary, and the remaining balance on the 18-month anniversary.
  https://www.sec.gov/Archives/edgar/data/888981/0001553350-26-000116.txt

## Citations
- 0001553350-26-000116 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000155335026000116