Saturday, July 5, 2025

Latest

Air Sanitation Manufacturer AeroClean Technologies Prices US$25 Million IPO

Pathogen elimination technology company AeroClean Technologies, Inc. (Nasdaq: AERC) started publicly trading on the Nasdaq Capital Market today. The firm’s initial public offering is looking to raise US$25 million.

The offering will be conducted through the issuance of 2.5 million common shares selling at US$10.00 per share.

The Benchmark Company, HCFP/Capital Markets, and Valuable Capital Limited are all acting as joint bookrunners for the said offering.

The firm relayed that net proceeds from the offering are expected to be used on supporting the build-out of its organization, funding its air purification devices production, establishing a consumables and services business, and supporting its product development efforts.

The company manufactures air sanitation products and provides anti-pathogen solutions. Its flagship product Pūrgo is developed with a proprietary technology designed by aerospace engineers and medical scientists.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Dundee Acquires Adriatic Metals: The Balkan Growth Strategy

Gold Drilling Scaled to 60,000 Meters: How Big Can This Get? | Roger Rosmus – Goliath Resources

Baselode Energy To Acquire Forum Energy: The Merger Of Equals Deal

Recommended

Antimony Resources Drills 4.17% Antimony Over 7.4 Metres At Bald Hill

ESGold To Expand Mine Building At Montauban In Advance Of Gold & Silver Production

Related News

Robinhood to Give Retail Investors Direct Access to IPOs

In an effort to further— as Robinhood puts it— “democratize” retail investing, the stock trading...

Saturday, May 22, 2021, 05:06:00 PM

Ex-Blue Origin President-Led SPAC C5 Acquisition Prices US$250 Million IPO

Blank check company C5 Acquisition Corporation (NYSE: CXAC.U) is looking to raise US$250 million for...

Monday, January 10, 2022, 04:46:00 PM

SPAC Patria Latin American Opportunity Acquisition Prices US$200 Million IPO

Special purpose acquisition company Patria Latin American Opportunity Acquisition Corp. (Nasdaq: PLAOU) started trading publicly...

Thursday, March 10, 2022, 02:21:00 PM

Mining SPAC Rigel Resource Acquisition Prices US$275 Million IPO

Blank check company Rigel Resource Acquisition Corp. (NYSE: RRAC.U) went public yesterday on the New...

Saturday, November 6, 2021, 02:58:00 PM

New York-Based Bank Hanover Bancorp Prices US$26.8 Million IPO

New-York headquartered bank conglomerate Hanover Bancorp, Inc. (Nasdaq: HNVR) began trading on the Nasdaq Global...

Thursday, May 12, 2022, 02:24:00 PM