RemNOx, together with several SulNOx founder shareholders, some of whom provided RemNOx with share options, have facilitated the sale of a total of 10% of the equity of SulNOx (on a fully diluted basis) to what is expected to be a new, important strategic investor. RemNOx believes the new investor is well qualified and in a position to help accelerate SulNOx’s reputation and market penetration, which will substantially benefit all SulNOx’s shareholders, employees, option holders, ISOs and Introducers. And most importantly, help SulNOx technologies to have a significant impact in the fight against climate change.
RemNOx will continue to be a dedicated independent sales organisation for all SulNOx products.