Boon Industries Statement From the Chairman – Form 10 Filing
Boon Industries Inc. (OTC PINK:BNOW) announced the upcoming finalization of its Form-10 Audit and SEC Form 10 filing, vital for selling or issuing securities. This registration will impose reporting requirements for annual, quarterly, and current reports, benefiting shareholders as Boon grows in revenue and size. The Chairman emphasized that becoming subject to these regulations enhances transparency and accountability, potentially increasing investor confidence.
- Finalizing the Form-10 Audit, crucial for compliance and future capital raising.
- Impending SEC Form 10 filing enhances transparency and accountability.
- New reporting requirements could attract more investors.
- None.
SACRAMENTO, CA, April 20, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Boon Industries Inc. (OTC PINK:BNOW) (“Boon” or the “Company”), announced today the Chairman’s Statement.
Justin Gonzalez, Boon CEO and Chairman, stated, “The Company will soon be finalizing the Form-10 Audit and filing of the SEC Form 10, the General Form for Registration of Securities, as a required regulatory filing to sell or issue our securities and a necessary requirement pursuant to Section 12(b) or (g) of the Securities Exchange Act of 1934. When the registration statement takes effect, we are under the reporting requirements to file annual reports (10-K), quarterly reports (10-Q), current reports (8-K) and annual proxy statements. In addition, our management and shareholders become subject to the beneficial ownership reporting requirements of Sections 13 and 16 of the Securities Exchange Act of 1934. This is a benefit for all of our shareholders as Boon grows in revenue and size.”
For information about Boon’s flagship product, DiOx+, “The Ideal Disinfectant Sterilizer”, please visit DioxPlus.com
Safe Harbor for Forward-Looking Statements: This news release contains forward-looking statements which are not statements of historical fact. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management’s expectations. Risks, uncertainties, and other factors involved with forward-looking information could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information include but are not limited to changes in general economic and financial market conditions. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.
Contact:
Boon Industries Inc.
www.boonindustries.com
admin@boonindustries.com
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