TOMI Environmental Solutions Inc. announced that it has entered into an Equity Purchase Agreement with Hudson Global Ventures, LLC, granting TOMI the right, but not the obligation, to sell up to $20 million of its common stock over a 24-month period. The shares may be sold from time to time at a price equal to 92% of either the average of the three lowest trading prices during the prior ten trading days or the lowest closing price during the valuation period, whichever is lower. The agreement is subject to certain conditions, including the effectiveness of a registration statement for the shares to be sold.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TOMI Environmental Solutions Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001654954-25-012935), on November 12, 2025, and is solely responsible for the information contained therein.