FORT LAUDERDALE, FL – Helpful Technologies Inc., a company that acquires intellectual property and develops emerging technology products, has closed a $6.7 million securities offering, according to a regulatory filing.
The offering was in connection with a technology acquisition agreement.
We reported that the company raised $11.02 million in July to fuel acquistions.
Tje company purchased intellectual property from a subsidiary, Fuecotech Inc. of Littleton, NC and Rochester, NY in April for $20.84 million.
Helpful says it works to discover, develop and market emerging technology products, including for the reduction of fuel consumption and reduction of greenhouse gases emissions.
Its end markets include transportation, engine manufacturing, parts manufacturing, oil and gas companies, and applicable internet and military applications.
The company disclosed the current offering close in a filing with the U.S. Securities and Exchange Commission.
To contact TechJournal South Editor & Writer Allan Maurer: Allan at TechJournalSouth dot com.
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Tags: Acquisitions, clean tech, financing, FL, Fort Lauderdale, Helpful Technologies
