Citadel Plastics disclosed raising $26.29 million as part of a non-brokered equity private placement. One investor acquired the securities a little over a week ago. Two previous unregistered financing rounds raised an estimated $807,000.
The company was registered in 2012 and has its headquarters located in West Chicago IL. Citadel Plastics elected to keep its revenues undisclosed.
The executive team includes Dennis M Loughran, Gregory Knipp and Michael W Huff.
The board of directors includes Andrew S Janower, Brandon C White, Gary L Crittenden, Hudson D Smith, James L Learner and Kurt A Krieger.
The company has raised an estimated total of $27.1 million via private unregistered security offerings.
In addition, Citadel Plastics also disclosed issuing in the past an estimated $2.06 million worth of securities in connection with an M&A transaction.
Citadel Plastics is registered under the name Citadel Plastics Holdings.
Company: Citadel Plastics
Amount offered: $26.29 million
Amount placed: $26.29 million
First sale: 11-05-2014
Data as of: 11-05-2014