Chasm Advanced Materials has filed a notice of an exempt offering of securities to raise $15,000,000.00 in New Debt Financing.
According to filings with the U.S. Securities and Exchange Commission, Chasm Advanced Materials is raising $15,000,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, David Arthur 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 Chasm Advanced Materials
Better connected smart cities, ice-free vehicle sensors and lights, faster charging and discharging EV batteries, greener (lower carbon footprint) concrete, and abundance of pure water are all innovations powered by CHASM Advanced Materials. This is accomplished by unleashing the power of CNTs with our patented nanotube manufacturing platform combined with our unique ability to integrate CNTs into game-changing nanotube hybrid product solutions. CHASM Advanced Materials, Inc. (CHASM) is pioneering the use of Carbon Nanotubes (CNTs) to develop a new class of advanced materials for safer, more connected and sustainable living. Our nanotube hybrids offer superior performance, lower cost and greater scalability versus using these materials alone or combining them using traditional methods. CHASM has its headquarters and applications development center in Canton, MA and has a carbon nanotube manufacturing facility and R&D center in Norman, OK.
To learn more about Chasm Advanced Materials, visit http://www.chasmtek.com/
Contact:
David Arthur, Chief Executive Officer
781-821-0443
https://www.linkedin.com/in/david-arthur-65548910/
SOURCE: http://www.intelligence360.io
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