Aduro Clean Technologies Inc.’s (NASDAQ:ADUR) Quiet Period Will End Tomorrow

Aduro Clean Technologies’ (NASDAQ:ADUR) quiet period is set to end on Tuesday, December 17th. Aduro Clean Technologies had issued 941,177 shares in its IPO on November 7th. The total size of the offering was $4,000,002 based on an initial share price of $4.25. During the company’s quiet period, underwriters and any insiders involved in the IPO are prevented from issuing any research reports or earnings estimates for the company because of regulations issued by the Securities and Exchange Commission. Following the end of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

Aduro Clean Technologies Stock Down 2.3 %

Shares of NASDAQ ADUR opened at $5.57 on Monday. Aduro Clean Technologies has a twelve month low of $2.71 and a twelve month 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.