Hong Kong firm invests in Dais

TAMPA — Green Valley International Investment Management Co. Ltd., a Hong Kong-registered corporation, is investing $7 million in Dais Analytic Corp., based in the Tampa Bay community of Odessa.

Dais (Symbol: DLYT; recent price: 15 cents) provides nanotechnology applications for water treatment, heating and cooling, and energy storage.

Green Valley is buying 70 million shares of Dais's common stock, and warrants to buy 17.5 million shares, for $7 million, according to a release from Green Valley. Dais plans to establish a wholly owned Chinese subsidiary from which it will sell nanotechnology products based on its Aqualyte family of nano-materials.