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Molekule Group (AeroClean Technologies) Priced, Nasdaq: MKUL

Makes air purification devices.

Industry: Consumer Discretionary

Latest Trade: $0.00 -0.05 (-99.3%)

First Day Return: +689.4%

Return from IPO: -99.5%

Industry: Consumer Discretionary

AeroClean is an interior space air purification technology company. Our immediate objective is to initiate full-scale commercialization of our high-performance interior air sterilization and disinfection products for the eradication of harmful airborne pathogens, including coronavirus (“COVID-19”). We 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. We incorporate our 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.
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IPO Data
IPO File Date 09/21/2021
Offer Price $10.00
Price Range $10.00 - $12.00
Offer Shares (mm) 2.5
Deal Size ($mm) $25
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 11/23/2021
Offer Price $10.00
Price Range $10.00 - $12.00
Offer Shares (mm) 2.5
Deal Size ($mm) $25
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
The Benchmark Company
HCFP/Capital Markets
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Company Data
Headquarters Palm Beach Gardens, FL, United States
Founded 2011
Employees at IPO 5
Website www.aeroclean.com

Molekule Group (AeroClean Technologies) (MKUL) Performance