Aduro Clean Technologies Announces Filing of Registration Statement in Connection with Proposed Initial Public Offering in the United States

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LONDON, Ontario, July 23, 2024 (GLOBE NEWSWIRE) -- Aduro Clean Technologies Inc.("Aduro" or the "Company") (CSE: ACT) (OTCQX: ACTHF) (FSE: 9D50), a Canadian technology company using the power of chemistry to transform lower value feedstocks, like waste plastics, heavy bitumen, and renewable oils, into resources for the 21st century, is pleased to announce that it has publicly filed a registration statement on Form F-1 with the Securities and Exchange Commission (the "SEC") relating to a proposed initial public offering of its common shares in the United States (the "Offering").

The Offering is expected to take place after the SEC completes its review process, subject to market and other customary conditions, and there can be no assurance as to whether or when the Offering may be completed, as to the actual size or terms of the Offering, or whether the common shares will be accepted for trading on the NYSE.

In connection with the Offering, Aduro has also applied to list its common shares on the NYSE American exchange ("NYSE").

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Author / Journalist: Globe Newswire

Category: InvestingBusiness

Markets: United StatesCanada

Topics: IPOs Press Releases ACTHF News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-23 @ 11:00:00 (18 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 960 words

Reading Time: 6 minutes read

Sentences: 26 lines

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Copyright Owner: © Benzinga

News ID: 21751696

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