Key Takeaways:
TOMI Environmental Solutions Inc. (TOMZ) announced a non-binding letter of intent to acquire Carbonium Core Inc. for $120 million in an all-stock deal, a strategic pivot that shifts the disinfection and decontamination company into the U.S. market for nuclear-grade graphite.
"Dr. Halden Shane, CEO of TOMI Environmental Solutions and Suren Ajjarapu, CEO of Carbonium Core will be presenting at Wall Street Reporter’s NEXT SUPER STOCK livestream event today, May 7, 2026, at 1:00 p.m. ET," the company said in a statement, signaling immediate investor outreach to explain the transformational deal.
The transaction is valued at $120 million, with TOMI providing consideration through a combination of newly issued common stock (up to 19.99% of outstanding shares) and a new Series B Convertible Preferred Stock. The preferred stock is convertible into TOMI common stock at a price of $1.00 per share, subject to stockholder approval. The deal is targeted to close in the second quarter of 2026.
The merger aims to establish a domestic platform for advanced graphite, addressing a multi-billion-dollar market underpinned by U.S. supply-chain reshoring and the deployment of next-generation nuclear reactors. The global graphite industry is estimated to be worth between $13 billion and $15 billion, according to third-party industry estimates cited in the announcement.
The move marks a significant diversification for TOMI, which is primarily known for its SteraMist brand of disinfection products. The company's core business utilizes a proprietary Binary Ionization Technology (BIT) platform for decontamination in healthcare, life sciences, and food safety. This acquisition thrusts TOMI into the high-tech materials sector supporting the nuclear energy industry.
Carbonium Core is a U.S.-based company focused on producing nuclear-grade graphite for advanced and fourth-generation reactors. Its mission is to create a secure and resilient domestic supply of the critical material, leveraging an exclusive purification technology developed in collaboration with Oak Ridge National Laboratory. The deal positions the combined entity to capitalize on the push for a vertically integrated, mine-to-reactor U.S. supply chain.
To clarify the transaction and strategy, the CEOs of both companies will present at a Wall Street Reporter livestream event. The event is scheduled for May 7, 2026, at 1:00 p.m. ET and will include a question-and-answer session for investors and interested parties. This follows a separate announcement that TOMI will report its first-quarter 2026 financial results on May 8, 2026.
This article is for informational purposes only and does not constitute investment advice.
