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Provider: Reuters Investment Profile
$20.00

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GlyEco Inc Completes $7.1 Million Private Placement


Monday, 7 Oct 2013 08:11am EDT 

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. 

Company Quote

0.6701
-0.0199 -2.88%
19 Aug 2014