Aether Catalyst Solutions Closes $75,000 Private Placement

Aether Catalyst Solutions, Inc. ( (TSE:ATHR) ) has provided an announcement.

Aether Catalyst Solutions, Inc. has successfully closed a non-brokered private placement, raising $75,000 through the issuance of 1,875,000 units. The proceeds will be used for general working capital, with no finders’ fees involved. An insider’s participation in the offering was exempt from certain regulatory requirements due to the transaction’s size relative to the company’s market capitalization.

More about Aether Catalyst Solutions, Inc.

Aether Catalyst Solutions, Inc. operates in the automotive industry, focusing on reducing costs in catalytic converter catalysts while meeting emission standards. The company is advancing its technology to enhance conversion levels and is also developing catalysts for small motors to address urban air pollution.

YTD Price Performance: 50.0%

Average Trading Volume: 78,129

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$3.44M

See more data about ATHR stock on TipRanks’ Stock Analysis page.