Zone Frontier Inc.

Zone Frontier Inc. (ZONE) priced its initial public offering on Apr 30, 2024 at $4.00 per share, raising $5M, and listed on NYSE American. At the IPO price its market capitalization was about $31.9M. Bevilacqua advised the company and Sherman & Howard and ArentFox Schiff advised the underwriters.

Zone Frontier Inc. develops and manufactures cleaning products that produce pure aqueous ozone for professional, industrial or home use. Its patented nanobubble technology is designed for cleaning, sanitizing and deodorizing surfaces, and is being tested in restaurants, airports and hotels.

Status

IPO

Ticker

ZONE

Exchange

NYSE American

Priced

Apr 30, 2024

IPO price

$4.00

Raised

$5M

Market cap at IPO price

$31.9M

First filed

Oct 10, 2023

Company counsel

Bevilacqua

Underwriters' counsel

Sherman & Howard and ArentFox Schiff

Sector

Industrials & materials

Country / state

NE

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.