Uni-Pixel secures $2.1 million via October convertible debt offering

By Devika Patel

Knoxville, Tenn., Nov. 10 - Uni-Pixel, Inc. completed a $2.1 million convertible debt offering in October, according to an 8-K filed Tuesday with the Securities and Exchange Commission.

The company was assisted by Fordham Financial Management.

Proceeds will be used as working capital.

Subsequent to the final closing of the financing, the company also reported that all of its preferred equity, held by Tudor Investment Capital and Bank of America Merrill Lynch, has been converted to common shares.

Based in The Woodlands, Texas, Uni-Pixel produces technology for flat-panel displays.

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