Tuesday, 21 March 2017

TOMI ENVIRONMENTAL SOLUTIONS, INC. COMPLETES $5.3 MILLION PRIVATE PLACEMENT FUNDING LED BY INSTITUTIONAL FUNDS BASED IN HONG KONG

BEVERLY HILLS, Calif., March 21 (Bernama-GLOBE NEWSWIRE) -- TOMI Environmental Solutions, Inc. (“TOMI”) (OTCQX:TOMZ), a global decontamination and infection prevention company that specializes in disinfection/decontamination sales and services, including the manufacturing, sale and licensing of its SteraMist, a hydrogen peroxide-based mist/fog that is registered with the U.S. Environmental Protection Agency (“EPA”), announced today that it raised gross proceeds of $5.3 million in a private placement transaction (the “Financing”). TOMI will use the proceeds from the Financing for research and development, international product registration, expansion of its internal sales force, marketing, public relations, expansions of its EPA label and for working capital and general corporate purposes.

http://mrem.bernama.com/viewsm.php?idm=28723

No comments:

Post a Comment