AeroClean Technologies Prices IPO at $10 Per Share

MT Newswires ·  {{timeTz}}

06:54 AM EST, 11/24/2021 (MT Newswires) -- AeroClean Technologies, which offers air sanitization products, on Tuesday priced its initial public offering of 2.5 million common shares at $10 per share.

The shares will begin trading on the Nasdaq Capital Market this Wednesday under the ticker symbol, "AERC."

Proceeds from the offering will be used to support the build-out of the company's organization, fund the production of its air purification devices, establish its consumables and services business, as well as support its product development efforts.

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