IPO - Zeo ScientifiX, Inc.

Form Type: S-1/A

Filing Date: 2025-05-16

Corporate Action: Ipo

Type: Update

Accession Number: 000182912625003766

Filing Summary: Zeo ScientifiX, Inc. filed an amendment to their Form S-1 registration statement on May 16, 2025, for the public offering of 4,426,823 shares of common stock. The shares are to be sold by various selling stockholders who acquired them through transactions exempt from registration under the Securities Act. The company will not receive any proceeds from these sales, but will benefit from the exercise of warrants associated with the stock. The document details various warranties granted in multiple complete private placement transactions, including significant recent transactions where shares were issued in relation to changes in control. The proposed sale allows selling stockholders to offer the shares in public or private transactions at market prices, notably the company has been classified as a smaller reporting company and has indicated it is an emerging growth company. This amendment is significant as it signals the company's readiness to move forward with its growth strategy by providing liquidity options to its stakeholders without issuing new shares directly.