Quantum Materials (OTCQB: QTMM) this morning said that it is shipping samples of high-performance cadmium-free quantum dots – an eco-friendly material that enables energy efficient, ultra-bright displays with a significantly expanded array of color – to display film manufacturers. The company also announced that it recently entered into a $9.75 million common stock purchase agreement and registration rights agreement with an existing investor. A detailed description of the agreements can be found on the company’s Form 8-K filed with the SEC on November 8, 2016.
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About Quantum Materials Corp.
Quantum Materials Corp (QTMM) develops and manufactures quantum dots and other nanomaterials for use in display, solar energy, and lighting applications through its patented volume production process. QMC’s products are the foundation for technologically superior, energy efficient and environmentally sound LCD UHD displays, the next generation of solid-state lighting, solar photovoltaic power applications, advanced energy storage solutions, biotech imaging, and biomedical theranostics. Wholly-owned subsidiary Solterra Renewable Technologies develops sustainable quantum dot solar photovoltaic energy technology. For more information follow Quantum Materials Corp at www.QMCDOTS.com and on LinkedIn, Facebook, and Twitter.
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