Nocopi Technologies acquires Polymeric US assets for $2.65 million

NOCOPI TECHNOLOGIES

NOCOPI TECHNOLOGIES

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  • Nocopi Technologies bought substantially all assets of Polymeric US for USD 2.65 million, expanding its specialty inks and coatings footprint in North America.
  • Consideration included USD 1.75 million cash at closing, USD 0.75 million in stock via 500,000 shares priced at USD 1.5, with USD 0.15 million held back.
  • Polymeric, based in Kansas City, Missouri, generated more than USD 5 million in revenue for the trailing 12 months ended March 31, 2026; the deal is expected to be earnings accretive within a year.
  • The acquisition is set to more than triple Nocopi’s revenue base, add Midwest production capacity, and keep Polymeric operating under its brand at a 25,000-square-foot facility.
  • Gregory S. Babe was appointed executive director of operations; he agreed to buy 133,334 shares in a private placement priced at USD 1.5, matched by an affiliate of Horizon Kinetics for the same amount.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nocopi Technologies Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605210713PRIMZONEFULLFEED9724447) on May 21, 2026, and is solely responsible for the information contained therein.