Mergers & Acquisitions ·
TOMI Environmental Solutions, Inc. entered into a merger agreement to acquire Carbonium Core, Inc., an advanced…
TOMZTOMI Environmental Solutions, Inc.
TOMI Environmental Solutions, Inc. entered into a merger agreement to acquire Carbonium Core, Inc., an advanced materials company specializing in nuclear-grade graphite. Carbonium stockholders will receive TOMZ common stock and Series C Preferred Stock, resulting in Carbonium owners holding at least 90% of TOMZ capital stock on a fully converted basis. The transaction includes a planned $10,000,000 financing transaction and a potential reverse stock split to maintain Nasdaq compliance. TOMI Environmental Solutions, Inc. provides environmental solutions and decontamination services.