UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): October 21, 2024
TOMI Environmental Solutions, Inc. |
(Exact name of registrant as specified in its charter) |
Florida |
|
000-09908 |
|
59-1947988 |
(State or other jurisdiction of incorporation) |
|
(Commission File Number) |
|
(IRS Employer Identification No.) |
8430 SPIRES WAY
FREDERICK, Maryland 21701
(Address of principal executive offices, including zip code)
(800) 525-1698
(Registrant's telephone number, including area code)
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐ |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|
|
☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
|
|
☐ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
|
|
☐ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934:
Title of each class |
|
Trading Symbol(s) |
|
Name of each exchange on which registered |
Common Stock, $0.01 par value per share |
|
TOMZ |
|
The Nasdaq Capital Market |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter):
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01 Other.
On October 21, 2024, TOMI Environmental Solutions, Inc. issued a press release announcing its successful launch of new SteraMist Integrated System – Standalone system during the third quarter of 2024. A copy of the press release is attached to this Current Report on Form 8-K as Exhibit 99.1. No additional information is included in this Current Report on Form 8-K.
The information included in this Current Report on Form 8-K, including the exhibit hereto, shall not be deemed “filed” for purposes of, nor shall it be deemed incorporated by reference in, any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, except as expressly set forth by specific reference in such a filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
See the Exhibit Index below, which is incorporated by reference herein.
Exhibit No. |
|
Description |
|
||
104 |
|
Cover Page Interactive Data File (embedded within the Inline XBRL document) |
2 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|
TOMI ENVIRONMENTAL SOLUTIONS, INC. |
|
|
|
|
|
|
Date: October 23, 2024 |
By: |
/s/ Halden S. Shane |
|
|
Name: |
Halden S. Shane |
|
|
Title: |
Chief Executive Officer |
|
3 |
EXHIBIT 99.1
TOMI ENVIRONMENTAL SOLUTIONS, INC. LAUNCHES STERAMIST INTEGRATED SYSTEM – STANDALONE (SIS-SA) TO REVOLUTIONIZE CLEANROOM AND LABORATORY DECONTAMINATION
FREDERICK, MD,October 21st , 2024 (BUSINESS WIRE) —TOMI Environmental Solutions, Inc.® (“TOMI”) (NASDAQ: TOMZ), a global leader in disinfection and decontamination technologies, today announced the successful launch of the SteraMist Integrated System - Standalone (SIS-SA). This innovative system addresses critical challenges in the Biological Safety Cabinets (BSCs) industry, providing a reliable and efficient solution for BSCs and other small spaces or enclosed areas.
Designed to meet the unique needs of cleanrooms, laboratories, and facilities with BSCs, the SIS-SA offers a reliable, automated solution for preventing cross-contamination. Daily disinfection is essential in these highly controlled environments, and users and our partners report that the SIS-SA simplifies what was once a labor-intensive and inconsistent process.
The SIS-SA achieved multiple successful deployments in the third quarter of 2024, underscore the product’s potential to become a cornerstone solution for environments with high disinfection standards. The market opportunity for BSCs is substantial, driven by increasing demand in pharmaceutical research, biotechnology, diagnostics, and healthcare sectors and is expected to grow steadily due to contributing factors such as stricter regulations on microbial containment, increased R&D activities, and the growing prevalence of infectious diseases and chronic illnesses.
“This growing market presents a significant opportunity for TOMI’s SIS-SA, which is designed to address challenges in the BSC space by offering effective, automated decontamination solutions,” said E.J. Shane, COO of TOMI Environmental Solutions. “We are thrilled to see how the SIS-SA is solving a persistent challenge for our customers, offering a breakthrough solution that ensures that critical spaces receive the consistent decontamination they require, helping facilities maintain compliance and operational efficiency.”
1 |
TOMI™ Environmental Solutions, Inc.: Innovating for a safer world®
TOMI™ Environmental Solutions, Inc. (NASDAQ: TOMZ ) is a global decontamination and infection prevention company, providing environmental solutions for disinfection through the manufacturing, sales and licensing of its premier Binary Ionization Technology ® (BIT™) platform. Invented under a defense grant in association with the Defense Advanced Research Projects Agency (DARPA) of the U.S. Department of Defense, BIT™ solution utilizes a low percentage hydrogen peroxide as its only active ingredient and uses patented ionized Hydrogen Peroxide (iHP™) technology in all SteraMist systems to create superior disinfection. TOMI products are designed to service a broad spectrum of use sites, including, but not limited to, hospitals and medical facilities, biosafety labs, pharmaceutical facilities, commercial and office buildings, schools, restaurants, meat and produce processing facilities, and police and fire departments.
For additional information, please visit http://www.steramist.com/ or contact us at info@tomimist.com
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
This press release contains forward-looking statements that are based on current expectations, estimates, forecasts and projections of future performance based on management’s judgment, beliefs, current trends, and anticipated product performance. These forward-looking statements include, without limitation, statements relating to the Biological Safety Cabinets (BSCs) marketplace. Forward-looking statements involve risks and uncertainties that may cause actual results to differ materially from those contained in the forward-looking statements. These factors include, but are not limited to, our ability to maintain and manage growth and generate sales, our reliance on a single or a few products for a majority of revenues; the general business and economic conditions; and other risks as described in our SEC filings, including our Annual Report on Form 10-K for the fiscal year ended December 31, 2023 filed by us with the SEC and other periodic reports we filed with the SEC. The information provided in this document is based upon the facts and circumstances known at this time. Other unknown or unpredictable factors or underlying assumptions subsequently proving to be incorrect could cause actual results to differ materially from those in the forward-looking statements. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, level of activity, performance, or achievements. You should not place undue reliance on these forward-looking statements. All information provided in this press release is as of today’s date, unless otherwise stated, and we undertake no duty to update such information, except as required under applicable law.
INVESTOR RELATIONS CONTACT:
John Nesbett/Rosalyn Christian
IMS Investor Relations
tomi@imsinvestorrelations.com
2 |