Aduro Clean Technologies Announces Closing of Underwriter’s Over-Allotment Option in Public Offering
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 20 2025
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Should l Buy ?
Source: Globenewswire
Company Announcement: Aduro Clean Technologies Inc. has issued an additional 142,180 common shares and accompanying warrants, raising approximately US$1.2 million through the exercise of an underwriter's over-allotment option related to its public offering.
Use of Proceeds: The funds raised will be allocated towards ongoing research and development, construction of a demonstration-scale plant, and general corporate purposes.
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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.
