Liquidmetal Technologies Inc. announced that it has received $63.4 million in funding from Liquidmetal Technology Limited and other investors
October 25, 2016
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On October 26, 2016, Liquidmetal Technologies Inc. (OTCPK:LQMT) closed the transaction. The company has issued 2,000,000 shares for gross proceeds of 30,000,000 and 100,000,000 shares for $25,000,000 in its second tranche of the transaction. The company has raised total of $63,400,000 in the transaction.
Liquidmetal Technologies, Inc. is a materials technology company that develops and commercializes products made from amorphous alloys. The Company's Liquidmetal family of alloys consists of a variety of bulk alloys and composites that utilize the advantages offered by amorphous alloy technology. The Company designs, develops, and sells custom products and parts from bulk amorphous alloys to customers in various industries. The Company also partners with third-party manufacturers and licensees to develop and commercialize Liquidmetal alloy products. The Company is engaged in product development efforts relating to various medical devices and automotive components that could be made from bulk Liquidmetal alloys. The Company work with partners to design, develop, and supply components for non-consumer electronic devices utilizing its bulk Liquidmetal alloys. The Company is developing a variety of applications for Liquidmetal alloys in the sporting goods and leisure products area.
LIQUIDMETAL TECHNOLOGIES, INC. 
