Nanotech has filed a notice of an exempt offering of securities to raise $9,300,000.00 in New Debt Financing.
According to filings with the U.S. Securities and Exchange Commission, Nanotech is raising $9,300,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Mike Francis played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Nanotech
NanoTech Inc. manufactures breakthrough thermal management materials for the built environment that deliver environmental and financial returns for a safer, more resilient world. Nano Shield uses the power of Nano technology to fireproof at temperatures that very few materials can achieve. When exposed to an impingent flame or heat flux, the particles vibrate reflecting heat away. The internal structure ensures low density and low mass which prevents heat penetration. The molecule can be adapted to fit the temperature needs. Nano Shield is not only a firepoofing and insulating coating, but also can be used as a powdered additive at minimal loading. The molecule can be adapted to fit the media’s needs. The media inherits the fireproofing and insulating properties with no coating required. Pervasive global demand exists for a high performing, eco-friendly, long-lasting, and easy to use fireproofing solutions. Current passive fire protection technologies, such as intumescent coatings, can be toxic, difficult to apply, and do not meet many of the needs in the field. Additionally, the Nano Shield technology provides insulating effects to solve two unmet needs in a single technology.
To learn more about Nanotech, visit http://thenanoshield.com
Contact:
Mike Francis, Chief Executive Officer
979-557-9519
https://www.linkedin.com/in/mike-francis-67747768/
SOURCE: http://www.intelligence360.io
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