CleanCore Options has filed for an preliminary public providing with the Securities and Change Fee.
The Omaha, Neb.-based maker of cleansing merchandise mentioned Tuesday it might supply 1.5 million shares of Class B widespread inventory, priced between $four and $6 a share.
The corporate expects web proceeds of about $6.1 million based mostly on the assumed worth of $5, which it plans to make use of for paying down debt, analysis and growth and for basic company functions.
CleanCore will apply to record on the New York Inventory Change American beneath an unspecified ticker.
The corporate produces enhanced aqueous ozone resolution, which has ozone fuel infused into it and can be utilized for cleansing.
Within the yr ended June 30, CleanCore reported $2.65 million in income and a lack of $541,611.
CleanCore Chief Government and Chairman Matthew Atkinson controls all the excellent Class A typical inventory, which has 10 votes per share. Massive shareholders of Class B widespread inventory embody Lisa Roskens of Burlington Capital and Clayton Adams, one of many firm’s founders.