Proceeds to establish growing contracts, procure licensing agreements
By Devika Patel
Knoxville, Tenn., Dec. 6 - Tobahmaoz, Inc. priced a $25 million initial public offering of stock in a Form S-1 filed Thursday with the Securities and Exchange Commission.
The company will sell 25 million common shares at $1.00 apiece on a self-underwritten basis.
Proceeds will be used to establish growing contracts, procure licensing agreements with processing plants, establish distribution channels and begin conducting business operations.
The emerging growth company is based in Mayfield, Utah.
| Issuer: | Tobahmaoz, Inc.
|
| Issue: | Common stock
|
| Amount: | $25 million
|
| Shares: | 25 million
|
| Price: | $1.00
|
| Warrants: | No
|
| Pricing date: | Dec. 6
|
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