As of the previous close, the stock of Boon Industries Inc (OTCPINK-BNOW) surged 28.65% to $0.022. In the past week, the BNOW stock performance was 109.52% and in the past month it was 136.56%. Since BNOW stock has risen despite any current news, recent developments may provide insight into the stock.
How did BNOW do recently?
The bioscience company, Boon Industries, delivers solutions that help people and the environment. BNOW’s primary product line is DiOx+, a disinfectant and sterilizer using chlorine dioxide. The EPA, FDA, OSHA, and DOT all approve chlorine dioxide. By eliminating pathogens using DiOx+, users and the environment will be protected from dangerous toxic exposure.
Due to its specialized chemical formulas and processes, DiOx+ is an ideal disinfectant for use in laboratory and hospital environments and for sterilizing important, high-value medical equipment. As a result of DiOx+, agricultural crops are protected from disease, water treatment plants, as well as e-commerce support facilities, and operational costs are reduced.
Late last month, Boon Industries released its comprehensive Investor Presentation which can be accessed by clicking on the following link, where it will be updated periodically: www.BoonIndustries.com/deck.
Investors can expect BNOW to continuously improve its transparency. Just this year alone, BNOW filed its Form 10 with the Securities and Exchange Commission and employed an investor relations company with extensive experience. BNOW is providing a current Investor Presentation which should shed some light on the operations, product, management team, short- and long-term goals, among others.
To register its shares of common stock with the Securities and Exchange Commission (“SEC”), Boon Industries has filed a Form 10 Registration Statement. Form 10 will became effective on October 11, 2021.
The SEC will require BNOW to file quarterly and annual reports along with audited financial statements and 10-Qs and 10-Ks, along with ongoing reports on Form 8-K, as well as all other obligations under the Exchange Act as soon as it becomes effective.
In light of the SEC’s potential comments on its filing and the Form 10 becoming effective, BNOW anticipates submitting an application to OTCMarkets to have trading of its shares of common stock quoted on the OTCQB tier.
What BNOW is eyeing on?
As BNOW’s evolution continues, this phase is of the utmost importance. Boon Industries (BNOW) is filing the Form 10 in anticipation of listing on a more senior exchange and providing enhanced transparency to its growing shareholder base once it receives approval.