Nano-Textile To Raise $3M In OTC Offering

February 9, 2015 | The Israeli company Nano-Textile announced that it has filed to raise $3 million on Wall Street’s over-the-counter (OTC) market at a company value of $11 million. The company plans to issue 30 million shares at a share price of $0.10 each, including an offer to sell 21.1 million shares owned by the company’s shareholders. Based in Nahariya, Nano-Textile was founded in 2013 as a producer of anti-bacterial solutions for the textile industry, namely as the maker of sterile hospital bed sheets and linens.