GlyEco Inc: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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GlyEco Inc Completes $7.1 Million Private Placement
GlyEco Inc announced that it has closed on $7.1 million in funding on September 28, 2013. TriPoint Global Equities and Security Research Associates acted as the Company's non-exclusive placement agents in connection with this offering. The Company plans to use funds from this round to accelerate growth and the rollout of its patent-pending GlyEco Technology, including Capital equipment for facility upgrades; Capital equipment to increase processing capacity; Purchase of additional facilities.
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