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Perkins Precision Developments - Plate Polarizers LB 4/24

Zecotek Photonics raises $3.5M

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Zecotek Photonics Inc. of Vancouver, British Columbia, Canada, has sold more than 5.9 million shares of company stock at a price of 58 cents a share to raise approximately $3.5 million. The sale increases the nonbrokered private placement the company announced in August by an additional $260,000 to a total of $3,460,824. Zecotek said it will use the funds to complete the transfer of technology for commercialization, strengthen its IP portfolio, and finance purchase orders and general working capital needs. In June, the company announced that it had raised $2.4 million. Founded in...Read full article

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    Published: November 2013
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