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Atmofizer Technologies Inc. reports company developments tied to air treatment technology, public-company capital actions and corporate agreements. The company’s consumer and industrial solutions are based on patent-protected and patent-pending ultrafine particle agglomeration and neutralization technology used in A500 air purifiers and under development for HVAC-integrated applications.
Recurring news themes include business updates, interim and annual financial results, patent activity covering ultra-fine particle aggregation, neutralization and filtration, share consolidation activity, at-the-market equity program disclosures, and material agreement updates. Company communications also address air quality topics connected to wildfire smoke, nano-scale particles, viruses and bacteria.
Atmofizer Technologies Inc. (CSE: ATMO) (OTC Pink: ATMFF) has announced the mutual termination of its business combination agreement with House of Doge Inc. and Doge Merger Sub, Inc. The agreement, which was originally announced on March 3, 2025, has been terminated by mutual consent of all parties involved. The termination marks the end of what would have been a significant corporate restructuring for both companies.
Atmofizer Technologies Inc. (CSE: ATMO) (OTC Pink: ATMFF) has announced a significant business transformation through a definitive agreement with House of Doge Inc. dated March 3, 2025. The agreement outlines a stock-for-stock merger reverse-takeover transaction, where Atmofizer will acquire House of Doge, following House of Doge's exclusive partnership with the Dogecoin Foundation.
Post-merger, the combined entity will:
- Operate under House of Doge's business model
- Undergo a name change to 'House of Doge Inc.'
- Delist from the Canadian Securities Exchange
- Seek new listings on Cboe Canada and Nasdaq
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Atmofizer Technologies Inc. announced that its common shares will undergo a consolidation, effective January 12, 2023. The consolidation will result in one post-consolidated share for every twenty pre-consolidated shares, totaling approximately 6,687,390 shares outstanding. Shareholders will receive instructions on exchanging their shares via a letter from Odyssey Trust Company. Atmofizer focuses on air purification technology that neutralizes ultrafine particles and aims to enhance air quality and efficiency in various applications.
Atmofizer Technologies Inc. announced a 20:1 share consolidation of its common shares, reducing the total from 133,747,806 to approximately 6,687,390 shares. This decision, approved by the board of directors, does not require shareholder approval as per the Business Corporations Act of British Columbia. The consolidation aims to enhance stock performance and reduce operational costs in the air treatment industry, utilizing ultrafine particle agglomeration technology to improve air purification efficiency.
Atmofizer Technologies Inc. (OTCQB: ATMFF) reported significant progress in its HVAC technology development and financial results for Q3 2022. Revenue reached $210,000, a decline from $76,585 the previous year, alongside a gross profit of $60,293 (28.71%). The net loss widened to $16.1 million versus $5.9 million in 2021, driven mainly by high share-based payments. The company secured a crucial US patent for its agglomeration technology, enhancing its market position. Future growth is anticipated through partnerships in the HVAC sector, with product availability expected in early 2023.
On September 13, 2022, Atmofizer Technologies Inc. (CSE: ATMO) granted 6,600,000 restricted share units (RSUs) and 1,000,000 stock options to its directors and officers as part of its incentive plan. RSUs will vest at 1,650,000 units every three months for one year. The company focuses on innovative air purification technology to effectively manage harmful nano-scale particles. With a unique ultrasonic acoustic wave process, Atmofizer aims to enhance air safety and reduce operational costs in the air treatment industry.