Nanotech Energy, Inc. announced that it expects to receive $19.999979 million in funding from Fubon Financial Holding Co., Ltd.
April 27, 2021
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Nanotech Energy, Inc. announced a private placement of 529,030 common shares at a price of $37.805 each for gross proceeds of $19,999,979 on April 28, 2021. The transaction will include participation from Fubon Financial Holding Co., Ltd. (TSEC:2881).
Fubon Financial Holding Co Ltd is a Taiwan-based financial holding company principally engaged in the sale of insurances and provision of related services. The Company mainly operates through five business segments. The Banking Business segment is mainly engaged in the banking and related businesses. The Property and Casualty Insurance Business segment is mainly engaged in the provision of various insurances. The Life Insurance Business segment is mainly engaged in the provision of life insurances. The Securities Business segment is engaged in the trading of securities and related products. The Others segment is engaged in the financial holding, venture capital, asset management and sports lottery businesses.