Aduro Clean Technologies Announces Partial Exercise of Over-Allotment Option
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Aduro Clean Technologies announced a partial exercise of the over-allotment option in its U.S. public offering, selling an additional 100,000 shares at $4.25 each, resulting in total gross proceeds of approximately $4.43 million.
December 03, 2024 | 10:00 pm
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Aduro Clean Technologies raised approximately $4.43 million through a partial exercise of the over-allotment option in its U.S. public offering, selling an additional 100,000 shares.
The partial exercise of the over-allotment option indicates strong demand for Aduro's shares, which is a positive signal for investors. The additional capital raised can be used for further development and expansion, potentially boosting the company's growth prospects.
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