Aduro Clean Technologies Completes Underwriter's Partial Exercise of Overallotment Option in US Public Offering, Raising $3M
ByAinvest
Saturday, Jan 31, 2026 1:26 pm ET1min read
ADUR--
Aduro Clean Technologies has announced the completion of the underwriter's over-allotment option in its public US offering. The company issued 260,869 common shares and warrants to purchase an additional 130,434 common shares, raising approximately $3 million in gross proceeds. The underwriter, D. Boral Capital LLC, acted as the lead underwriter, and Roth Capital Partners served as a financial advisor. The net proceeds will be used for building the company's pilot-scale demonstration plant and ongoing research and development activities.
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue
Comments
No comments yet