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Reliable One Resources, Inc. Negotiating Alternative Public Offering with Wall Street Firm
Reliable One Resources, Inc.January 7, 2021 GMT
Athens, Texas, Jan. 07, 2021 (GLOBE NEWSWIRE) -- Reliable One Resources, Inc., which specializes in advanced air and water filtration solutions, today announced that the company has entered into discussions with one of the largest Wall Street investment banks to secure a multi-million investment agreement. The investment structure will be an APO (Alternative Public Offering), which is similar in many respects to a PIPE financing. The investment will be in lump sum and is designed to provide funding for expansion of its superior nano-fiber membrane filters that have applications in multiple industries and market sectors including personal protective equipment, air filtration, and water treatment.