LiqTech International Wins Order

LiqTech International, a Danish clean technology company, received a $380,000 order for its system for waste water treatment from marine scrubbers. The order is from a new customer and includes an option for further two systems, it said on Monday.

It said separately that it received subscription agreements for 6,300,000 new shares at a price of $0.25 per share. The private placement was made directly by LiqTech and it plans to use the net proceeds of $1.6 million to grow its business in the marine scrubber industry. American depositary shares rose 1.3% on Monday afternoon in New York.

By Jon Flanagan