Banking & Finance  December 17, 2015

Lightwave Logic in Longmont raises $2 million in new funding

LONGMONT — Lightwave Logic Inc. (OTCQB: LWLG) has raised $2 million in new equity funding, according to a Securities and Exchange Commission filing made this week.

Tom Zelibor, chief executive of Longmont-based Lightwave, couldn’t be reached for comment Thursday.

The new funding comes from a total of 24 investors, the filing notes. It follows a $2 million private-placement offering completed by the company in June that was slated to go toward research and development and working capital.

Lightwave is a development-stage company working to create organic polymer materials that would speed up the transfer of data…

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