Company: TOMZ
Filing Date: 2025-04-14
Form Type: 10-K
Source: 0001654954-25-004233
Chunk: 430

Company: TOMI Environmental Solutions, Inc.
Filing Date: 2025-04-14
Form: 10-K
Item: Item 1A
Chunk 430
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 may affect the volatility of our stock price include the following:

 ·anticipated or actual fluctuations in our quarterly or annual operating results; ·our success, or lack of success, in developing and marketing our products and services; ·changes in general economic, political and market conditions in or any of the regions in which we conduct our business; ·changes in financial estimates by us or of securities or industry analysts; ·the issuance of new or updated research reports by securities or industry analysts; ·the announcement of new products, services, or technological innovations by us or our competitors; ·the announcement of new customers, partners or suppliers; ·the ability to collect our outstanding accounts receivable; ·changes in our executive leadership; ·regulatory developments in our industry affecting us, our customers or our competitors; ·competition; ·actual or purported “short squeeze” trading activity; and ·the sale or attempted sale of a large amount of common stock, including sales of common stock following exercises of outstanding warrants.

We do not intend to pay dividends for the foreseeable future.

We have not paid dividends on our common stock since inception. The continued operation and expansion of our business will require substantial funding. Accordingly, we currently intend to retain earnings, if any, for use in the business and we do not anticipate that we will pay any cash dividends on shares of our common stock for the foreseeable future. Any determination to pay dividends in the future will be at the discretion of our Board and will depend upon results of operations, financial condition, contractual restrictions, restrictions imposed by applicable law and other factors our Board deems relevant. Investors seeking cash dividends should not purchase our common stock. Accordingly, realization of a gain on your investment will depend on the appreciation of the price of our common stock, which may never occur.

We have a substantial number of options, warrants, convertible notes and convertible preferred stock outstanding, which could give rise to additional issuances of our common stock and potential dilution of ownership to existing shareholders.

As of December 31, 2024, we had outstanding convertible note, options, warrants and convertible preferred stock to purchase approximately an aggregate of 5.7 million shares of our common stock at exercise prices ranging from $0.64 to $7.06 per share. Of these, approximately 2,100,000 represent shares underlying convertible notes with an exercise price of $1.25, approximately 805,000 represent shares underlying options with exercise prices ranging from $0.71 to $7