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Home > News > Big spike in tiny Nanophase shares

March 25th, 2004

Big spike in tiny Nanophase shares

Abstract:
Shares of Nanophase Technologies Corp. soared as much as 27% Thursday after the company said it received a $10-million investment from German chemical company Altana AG. Romeoville-based Nanophase, which develops technology that manipulates matter the size of atoms and molecules, said Altana purchased 1.26 million shares for $7.96 each. Altana now owns 7% of Nanophase’s 17.37 million outstanding shares. (more on earlier article)

Source:
Chicago Business

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