Mears Technologies Announces Closing of $14.75 Million Convertible Note Offering

By on    Electronic Components  

WELLESLEY HILLS, MA — (Marketwired) — 03/20/15 — Mears Technologies, Inc. ("MTI" or the "Company"), a materials engineering company focused on the development, commercialization, and licensing of products based on its proprietary electronic materials platform with applications across the $300+ billion integrated circuit industry, today announced it has closed a private placement of $14.75 million in convertible notes (the "Notes").MTI intends to use the proceeds