Corporate ActionJun 12, 2026, 04:32 PM
Aduro Clean Technologies Closes US$15.64M Public Offering
AI Summary
Aduro Clean Technologies Inc. has successfully closed its underwritten U.S. and Canadian public offering, raising gross proceeds of US$15,635,404. The company issued 1,028,645 common shares at a price of US$15.20 per share. Net proceeds are intended for the design, engineering, and construction of its first-of-a-kind demonstration-scale industrial plant (FOAK Plant), ongoing research and development, and general corporate purposes.
Key Highlights
- Closed underwritten public offering in US and Canada.
- Raised gross proceeds of US$15,635,404.
- Issued 1,028,645 common shares.
- Shares priced at US$15.20 (C$21.20) each.
- Proceeds to fund FOAK Plant design, engineering, and construction.
- Funds also allocated for ongoing research and development costs.
Price Impact
More from ADUR