TOMI Environmental Solutions Inc
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Industrials : Commercial Services & Supplies | Small Cap Growth
Company profile

TOMI Environmental Solutions, Inc. (TOMI) is a bacteria decontamination and infectious disease control company. The Company provides environmental solutions for indoor surface decontamination through the manufacturing, sales, service and licensing of its SteraMist brand of products, including SteraMist Binary Ionization Technology (BIT), which is a hydrogen peroxide-based fog or mist. SteraMist is a technology that produces ionized Hydrogen Peroxide (iHP) using cold plasma science. BIT is a process that aerosolizes and activates a low concentration hydrogen peroxide solution. Its products and services include SteraMist Surface Unit, SteraMist Environment System, The SteraMist Total Disinfection Cart, Stainless Steel 90 Degree Applicator, iHP Plasma Decontamination Chamber, iHP Corporate Service Decontamination and among others. The Company’s operations consist of five divisions based on industries: Hospital-Healthcare, Life Sciences, TOMI Service Network, Food Safety and Commercial.

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Dubai-based Swvl to go public through merger with SPAC Queen's Gambit in a deal valued at $1.5 billion

9:38 am ET July 28, 2021 (MarketWatch)

Swvl Inc., the Dubai-based mass transit and shared mobility services provider, is set to go public through a merger with special purpose acquisition company (SPAC) Queen's Gambit Growth Capital (GMBT), in a deal with an equity value of $1.5 billion. Shares of Queens Gambit rose 1.6% in morning trading. After the deal closes, which is expected to occur in the fourth quarter of 2021, the company will be named Swvl Holdings Corp. and the stock is expected to trade on the Nasdaq under the ticker symbol "SWVL." The deal is expected to provide proceeds of up to $445 million to the combined company, which the company plans to use to fund and accelerate Swvl's growth strategy, which includes a goal of more than $1 billion in annual revenue and to expand to 20 countries by 2025. Queens Gambit's stock, which started trading on March 15, has now edged up 0.3% over the past three months while the S&P 500 has tacked on 5.2%.

-Tomi Kilgore; 415-439-6400;


(END) Dow Jones Newswires

July 28, 2021 09:38 ET (13:38 GMT)

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