Aduro Clean Technologies Announces Closing of US$4 Million Uplisting to Nasdaq
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 08 2024
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Source: Newsfilter
Public Offering Announcement: Aduro Clean Technologies Inc. has successfully closed a U.S. public offering of 941,177 common shares at $4.25 each, raising approximately $4 million for research and development, construction of its Next Generation Process unit, and general corporate purposes.
Company Overview: Aduro specializes in clean technology, utilizing patented water-based methods to recycle waste plastics and convert heavy crude into valuable oil, aiming to transform lower-value feedstocks into sustainable resources for the future.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
