Aduro Clean Technologies, a provider of feedstock recycling solutions, is developing a highly flexible chemical recycling platform with three unique technologies that convert low-value feedstocks into useful, high-value chemical feedstocks and fuels. The company is currently traded on the Canadian Securities Exchange, the German Frankfurt Stock Exchange and the OTC Markets.
Capital Raising Scale
The company plans to raise a maximum of approximately $5.5 million by issuing 1.09 million shares at a price of $4.25 to $5 per share.
Financial Information
For the twelve months ended May 30, 2024, Aduro Clean Technologies reported revenues of CDN$340,000, compared to CDN$110,000 for the same period in the prior year, with corresponding net losses of CDN$7.44 million and CDN$5.86 million, respectively.Planned IPO: November 5, 2024 Exchange: NASDAQ Stock Code: ADUR
Aduro Clean Technologies, a provider of feedstock recycling solutions, is developing a highly flexible chemical recycling platform with three unique technologies that convert low-value feedstocks into useful, high-value chemical feedstocks and fuels. The company is currently traded on the Canadian Securities Exchange, the German Frankfurt Stock Exchange and the OTC Markets.
Capital Raising ScaleThe company plans to raise a maximum of approximately $5.5 million by issuing 1.09 million shares at a price of $4.25 to $5 per share.
Financial InformationFor the twelve months ended May 30, 2024, Aduro Clean Technologies reported revenues of CDN$340,000, compared to CDN$110,000 for the same period in the prior year, with corresponding net losses of CDN$7.44 million and CDN$5.86 million, respectively.
