Aduro Clean Technologies Announces Second Partial Exercise of Over-Allotment Option
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Aduro Clean Technologies announced a second partial exercise of the over-allotment option in its U.S. public offering, selling an additional 22,470 shares at $4.25 each, totaling 1,063,647 shares for $4.52 million in gross proceeds.
December 11, 2024 | 10:30 pm
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Aduro Clean Technologies has successfully raised additional capital through a second partial exercise of its over-allotment option, selling more shares at $4.25 each.
The successful 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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