Mergers & Acquisitions ·
TOMI Environmental Solutions, Inc. mutually terminated its Agreement and Plan of Merger with Carbonium Core, Inc.…
TOMZTOMI Environmental Solutions, Inc.
TOMI Environmental Solutions, Inc. mutually terminated its Agreement and Plan of Merger with Carbonium Core, Inc., effective September 15, 2026. The decision followed additional due diligence regarding Carbonium’s operations and financial performance, alongside the Company's current financial condition and strategic direction. No termination fee is payable by TOMI, and each party bears its own transaction costs. This development removes a significant potential acquisition or consolidation event from the Company's near-term outlook. TOMI Environmental Solutions operates in the environmental disinfection and decontamination industry, manufacturing and licensing Binary Ionization Technology for bio-decontamination applications.