Nanophase Technologies Corporation Announces Completion of Fully Subscribed $2.4 Million Stockholder Rights Offering

Published: Jul 25, 2012

ROMEOVILLE, Ill., July 24, 2012 (GLOBE NEWSWIRE) -- Nanophase Technologies Corporation (OTCQB:NANX), a technology leader in nanomaterials and advanced nanoengineered products, today announced that it has completed its previously disclosed rights offering, which expired in accordance with its terms at 5:00 p.m., New York City time, on July 20, 2012. Total gross proceeds to the Company from the rights offering will be approximately $2.4 million.

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