Israel's Sonovia Ltd, which makes washable and reusable anti-viral masks, is considering going public on Nasdaq by the end of this year, its chief technology officer said.
The masks are coated in zinc oxide nano-particles that destroy bacteria, fungi and viruses, and the company says they can help stop the spread of COVID-19.
"We believe we will complete the (IPO) process at the end of this year," CTO Liat Goldhammer said. "We are targeting a valuation of $50 million. We are doing the legal and accounting process now."