Nocopi Technologies Announces 2025 Year-End Developments
Globenewswire·2026-01-15 11:30

Core Insights - Nocopi Technologies, Inc. is set to file its fiscal year 2025 financial results and annual report with the SEC in late March 2026 [1] Board of Directors - Eric Sites from Horizon Kinetics has been appointed to the Board of Directors on December 15, 2025 [2] - Horizon Kinetics manages over $10 billion in assets under management as of September 30, 2025 [3] Private Placement - On December 31, 2025, Nocopi Technologies entered into stock purchase agreements for the sale of 266,666 shares at $1.50 per share [5] - Proceeds from this private placement will be used for general corporate purposes, including strengthening the balance sheet and pursuing strategic growth opportunities [6] Operational Updates - The company faced challenges in 2025 due to inflation, tariff policies, and uncertainty affecting its business operations [7] - Product sales to certain Asian printers were negatively impacted by U.S. government tariff policies, leading to lower orders from China [8] - The company anticipates a more stable order environment in 2026 as U.S. tariff positions regarding China normalize [9] Product Development - Nocopi Technologies' R&D team developed a new patent-pending product called ColorBloom Molding Wax 2.0 for the children's entertainment market [10] - Early feedback from licensees indicates positive reception, with expectations for retail market introduction later in 2026 [11] Growth Acquisition Opportunities - Management is focused on increasing long-term shareholder value by evaluating growth opportunities through acquisitions of companies with complementary services or technologies [12]