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Prospect News home > News index > List of issuers N > Headlines for New Energy Technologies, Inc. > News item
Published on 6/21/2012 in the Prospect News PIPE Daily.

New Energy Technologies plans to price direct public offering of units

Deal funds SolarWindow, MotionPower technologies and working capital

By Devika Patel

Knoxville, Tenn., June 21 - New Energy Technologies, Inc. will price a direct public offering of 3 million units, according to a Form S-1 filed Thursday with the Securities and Exchange Commission.

Proceeds will be used for development of the company's SolarWindow technology and its MotionPower technology, as well as for working capital and general corporate purposes.

The renewable and alternative energy company is based in Columbia, Md.


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