AeroClean Technologies (AERC)

Sector - Consumer Discretionary

IPO Profile

About company

AeroClean is an interior space air purification technology company. Their immediate objective is to initiate full-scale commercialization of their high-performance interior air sterilization and disinfection products for the eradication of harmful airborne pathogens, including coronavirus (“COVID-19”). They were established to develop unmatched, technology-driven medical-grade air purification solutions for hospitals and other healthcare settings. The onset of the COVID-19 global pandemic underscores the urgency of bringing to market air purification solutions to protect front-line healthcare workers, patients and the general population. Interior air sterilization and disinfection solutions are critical for enabling and furthering societal transition to a safe, post-COVID environment and for protecting patients, particularly immunocompromised patients, and staff in medical and healthcare facilities. They incorporate their proprietary, patented UV-C LED technology in equipment and devices to protect the occupants of interior spaces. These spaces include hospital and non-hospital healthcare facilities (such as outpatient chemotherapy and other infusion facilities and senior living centers and nursing homes), schools and universities, commercial properties and other indoor spaces.
CEO CFO
-
Employees Founded
5 2011

Contacts

IPO information

First Trade Date 11/24/2021
Status Priced
Exchange NASDAQ
Lockup Period Expiration .Pro
Quiet Period Expiration .Pro
Old Price Range
-
Share prices ($)
10
12
10
0
0
Price Low Price High Priced Open 1st day Close 1st day

Shares & Volumes

Shares Initial (MM) 2.5
Shares Revised (MM) 2.5
Expected offer amount (MM) $28
Realized offer amount(MM) $25

Financial Data (last reporting year)

Market Cap (MM) -
Revenues (MM) -
Net Income (Loss) (MM) -

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The lead left underwriter: The Benchmark Company

IPOs led by the firm .Pro
Profitability of conducted IPOs  ?  .Pro
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Underwriters
The Benchmark Company/ HCFP/Capital Markets/ Valuable Capital
CO-Managers

Sector: Consumer Discretionary

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