3DIcon reports plans to sell its common stock through public offering

Warrants included; proceeds fund debt repayment, corporate purposes

By Devika Patel

Knoxville, Tenn., July 3 - 3DIcon Corp. reported that it plans to sell common stock in a Form S-1 filed Tuesday with the Securities and Exchange Commission.

The deal will include warrants.

Proceeds will be used to repay debt and for general corporate purposes, including research and development, business development, working capital and capital expenditures.

The company's stock (OTC BB: TDCP) closed at $0.22 per share on June 29.

Tulsa, Okla-based 3DIcon is developing volumetric 3D display technology.

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