TOMI Environmental Solutions Files Proxy Statement
Ticker: TOMZ · Form: DEF 14A · Filed: Oct 21, 2024 · CIK: 314227
Sentiment: neutral
Topics: proxy-statement, governance, sec-filing
TL;DR
TOMI files its proxy statement - shareholders vote soon on company matters.
AI Summary
TOMI Environmental Solutions, Inc. filed a definitive proxy statement (DEF 14A) on October 21, 2024. The filing pertains to the company's annual meeting and related matters, as is standard for a DEF 14A. The company, formerly known as Ozone Man, Inc., is incorporated in Florida and headquartered in Frederick, Maryland.
Why It Matters
This filing provides shareholders with crucial information regarding upcoming votes and company governance, allowing them to make informed decisions about their investment.
Risk Assessment
Risk Level: low — A DEF 14A filing is a routine disclosure document for public companies and does not inherently indicate new risks.
Key Players & Entities
- TOMI Environmental Solutions, Inc. (company) — Registrant
- Ozone Man, Inc. (company) — Former company name
- 20241021 (date) — Filing date
- 20241018 (date) — Period of report
FAQ
What is the purpose of a DEF 14A filing?
A DEF 14A filing, or definitive proxy statement, is used by companies to solicit shareholder votes on important matters such as the election of directors, executive compensation, and other corporate actions.
When was TOMI Environmental Solutions, Inc. previously known by another name?
TOMI Environmental Solutions, Inc. was formerly known as Ozone Man, Inc., with a name change date of November 30, 2007.
Where is TOMI Environmental Solutions, Inc. headquartered?
The company's business address is located at 8430 Spires Way, Frederick, MD 21701.
What is the fiscal year end for TOMI Environmental Solutions, Inc.?
The company's fiscal year ends on December 31.
What is the SEC file number for TOMI Environmental Solutions, Inc.?
The SEC file number for TOMI Environmental Solutions, Inc. is 001-39574.
Filing Stats: 4,903 words · 20 min read · ~16 pages · Grade level 11.6 · Accepted 2024-10-21 16:30:46
Key Financial Figures
- $1.00 m — necessary to regain compliance with the $1.00 minimum bid price continued listing requi
- $0.01 — of our common stock and our cumulative $0.01 series A preferred stock entitled to no
Filing Documents
- tomz_def14a.htm (DEF 14A) — 544KB
- tomz_pre14aimg3.jpg (GRAPHIC) — 6KB
- tomz_pre14aimg4.jpg (GRAPHIC) — 6KB
- tomz_pre14aimg5.jpg (GRAPHIC) — 1KB
- tomz_pre14aimg6.jpg (GRAPHIC) — 1KB
- tomz_pre14aimg7.jpg (GRAPHIC) — 1KB
- 0001654954-24-013161.txt ( ) — 567KB
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 19
EXECUTIVE COMPENSATION
EXECUTIVE COMPENSATION 22 OUTSTANDING EQUITY AWARDS AT 2023 FISCAL YEAR-END 25 CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS 27 EQUITY COMPENSATION PLAN INFORMATION 27 PAY VERSUS PERFORMANCE 29 PROPOSAL 2: RATIFICATION OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM 31 PROPOSAL 3: APPROVAL OF THE REVERSE STOCK SPLIT PROPOSAL 32 OTHER MATTERS 40 SHAREHOLDER PROPOSALS FOR 2025 ANNUAL MEETING 40 DELIVERY OF DOCUMENTS TO SECURITY HOLDERS SHARING AN ADDRESS 41 IMPORTANT 41 Appendix A: Form of Certificate of Amendment 42 iii Table of Contents TOMI ENVIRONMENTAL SOLUTIONS, INC. PROXY STATEMENT 2024 ANNUAL MEETING OF SHAREHOLDERS To Be Held Virtually at 1:00 p.m., Eastern Time, on Tuesday, November 19, 2024 The enclosed proxy is furnished in connection with the solicitation of proxies by the board of directors (the "Board of Directors" or "Board") of TOMI Environmental Solutions, Inc., a Florida corporation ("TOMI," the "Company," "we," "us" or "our"), for use at the virtual 2024 annual meeting of shareholders (the "Annual Meeting") to be held virtually at 1:00 p.m., Eastern Time, on Tuesday, November 19, 2024, or at any postponements or adjournments of the Annual Meeting, for the purposes set forth in this proxy statement (this "Proxy Statement") and in the accompanying Notice of Annual Meeting of Shareholders. We are providing these materials to holders of record of our common stock, $0.01 par value per share (the "Common Stock"), and/or our cumulative $0.01 series A preferred stock, $0.01 par value per share ("Series A Preferred Stock" and, together with the Common Stock, "Voting Stock"), at 5:00 p.m., Eastern Time, on Friday, October 18, 2024 (the "Record Date") and are first mailing the proxy materials on or about October 23, 2024. The Annual Meeting will be conducted in a virtual-only format via live webcast, which you can access by visiting https://www.cstproxy.com/tomimist/2024 and logging in with your voter control