Aduro Clean Technologies Announces Pricing of US$4 Million Uplisting to Nasdaq

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LONDON, Ontario, Nov.07, 2024 (GLOBE NEWSWIRE) -- Aduro Clean Technologies Inc.("Aduro” or the "Company”) (Nasdaq: ADUR) (CSE: ACT) (FSE: 9D5), a clean 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, today announced the pricing of its underwritten U.S.public offering of 941,177 common shares at a public offering price of US$4.25 per common share for aggregate gross proceeds of approximately US$4 million, prior to deducting underwriting discounts and offering expenses (the "Offering”).

Factors that could cause actual results to differ include, but are not limited to, risks and uncertainties related to the satisfaction of customary closing conditions related to the public offering, or factors that result in changes to the Company's anticipated use of proceeds.

These and other risks and uncertainties are described more fully in the section captioned "Risk Factors" in the Company’s Registration Statement on Form F-1 related to the public offering (SEC File No.333-280955).

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Author / Journalist: Aduro Clean Technologies Inc.

Category: Technology

Markets: ChinaCanadaUnited States

Topics: OTC Markets:ACTHF CA0074081070 Nasdaq:ADUR Frankfurt:9D50 CNSX:ACT.CN

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-07 @ 14:30:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

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Sentences: 22 lines

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News ID: 23461897

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