Aduro Clean Technologies Inc.’s Quiet Period Set To End on December 17th (NASDAQ:ADUR)

Aduro Clean Technologies’ (NASDAQ:ADUR) quiet period will expire on Tuesday, December 17th. Aduro Clean Technologies had issued 941,177 shares in its initial public offering on November 7th. The total size of the offering was $4,000,002 based on an initial share price of $4.25. During Aduro Clean Technologies’ quiet period, insiders and any underwriters involved in the IPO are restricted from issuing any research reports for the company because of SEC regulations. Following the expiration of the company’s quiet period, it’s expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.

Aduro Clean Technologies Stock Performance

NASDAQ:ADUR opened at $5.57 on Friday. Aduro Clean Technologies has a 1 year low of $2.71 and a 1 year high of $7.00.

About Aduro Clean Technologies

Aduro Clean Technologies is a developer of patented water-based technologies to chemically recycle waste plastics; convert heavy crude and bitumen into lighter, more valuable oil and transform renewable oils into higher-value fuels or renewable chemicals. Aduro Clean Technologies is based in LONDON, Ontario.