ATLCY - ToughBuilt Industries Files For $17 Million U.S. IPO
Quick Take
ToughBuilt Industries (TBLT) intends to raise gross proceeds of $17.25 million from a U.S. IPO, according to an S-1 registration statement.
The firm provides several construction power tools, such as tool belts, pouches and bags, kneepads, sawhorses, and miter saw stands.
TBLT is growing topline revenue and gross profit, has significant expansion plans and the IPO is slated to include warrant coverage.
When we learn further details from management, I’ll provide a final opinion.
Company & Technology
The Las Vegas, Nevada-based retail company was founded in 2012 to build quality