Research Frontiers sells 1.1 million shares at $1.00 each in private placement
Research Frontiers entered subscription agreements on February 18, 2026 with private accredited investors, including family members of a director and the owner of an SPD-SmartGlass licensee. The company will receive $1.1 million in proceeds, and each investor also received one warrant per share, which adds potential future share issuance.
Key points
- 1.1 million shares of common stock sold at $1.00 per share, equal to the February 13, 2026 closing price
- The Company will receive $1.1 million in proceeds from the sale
- Each share includes one warrant expiring February 28, 2031, with exercise prices from $1.10 to $1.50 depending on timing
- Shares and warrant shares are unregistered and subject to at least a six-month holding period
The filing
Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 18, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.