Trade Resources Industry Views Garmatex Technologies Announced That It Plans to Conduct an IPO of Its Common Stock

Garmatex Technologies Announced That It Plans to Conduct an IPO of Its Common Stock

Tags: Garmatex, Textile

Garmatex Technologies, Inc, an innovative developer and supplier of scientifically-engineered performance fabrics and apparel technologies, announced that it plans to conduct an initial public offering (“IPO”) of its common stock on the Toronto Stock Exchange.

Garmatex has selected Richardson GMP Securities as the lead underwriter on the IPO. Additional investment dealers are expected to join the underwriters’ syndicate.

Garmatex empowers brands through textile performance and innovation. We help our customers meet their most difficult product challenges with our intelligent, dynamic Fiberithm process.

Our performance technologies and fabrics: Kottinu, T3, Bact-Out, CoolSkin, WarmSkin, IceSkin, ColdSkin, SteelSkin, Satinu, SlimSkin, AbsorbSkin, CamoSkin and RecoverySkin have proven to be superior to any like products available in the market for comfort, fit and performance and are engineered using our proprietary “Moisture System Transference” (MST) process which provides unrivaled moisture management control.

Garmatex’s ground-breaking Kottinu fabric, with its amazing “cotton-like” comfort and feel, delivers unparalleled performance in moisture management, lasts 6 times longer than cotton, maintains color sharpness with minimal fade and is a viable alternative to cotton in any application where the inferior attributes of cotton have been considered “the standard”.

Our patented T3 triple-gusset shirt construction, which allows complete 360 degree mobility of the shoulder without restriction or shirt binding, is the first garment construction design patent granted in decades.

Source: http://www.fibre2fashion.com/news/textile-news/newsdetails.aspx?news_id=160643
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Garmatex to Launch IPO on Toronto Stock Exchange
Topics: Textile