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News  ›  GlobeNewswire Inc.

Aduro Clean Technologies schließt öffentliches Emissionsangebot über 20 Millionen US-Dollar ab

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Na
Aduro Clean Technologies schließt öffentliches Emissionsangebot über 20 Millionen US-Dollar ab

Aduro Clean Technologies successfully closed a US$20 million underwritten public offering of common shares and warrants. The company plans to use the net proceeds for construction of its demonstration-scale plant, research and development, and working capital. D. Boral Capital LLC served as lead underwriter for the offering.

Insights
GSpA   positive

Set a fresh record, stock price increased 2.73%


ADUR   positive

The company successfully completed a US$20 million capital raise, demonstrating investor confidence in its clean technology platform. The funding will accelerate development of its demonstration-scale plant and R&D efforts, which are positive indicators for business expansion and commercialization of its Hydrochemolytic™ technology.