AdvEn Inc. (ADVEN)
AdvEn will go public soon, but the exact IPO date is still unknown.
IPO Price Range
$4.00 - $6.00
Shares Offered
1,600,000
Deal Size
$8.00M

Company Description

AdvEn is engaged in research, development and commercialization of advanced super activated carbon ("ASAC") and dry electrode super adhesive coating (“ESAC”) technologies derived from refinery residues and heavy asphaltenes (together “Residues”) – the non-volatile components of crude oil.

Our products are used for various industrial and commercial applications with improved technical performance compared to other products currently available on the global market.

We convert Residues into carbon-based products using a proprietary non-combustible process, thereby diverting them from traditional waste streams such as fuel oil manufacturing, coking for steel and other heavy greenhouse gas emitting uses.

The plant, located in Nisku, Alberta, is expected to initially produce up to 400 metric tons per year.

ASAC is primarily used in super capacitor manufacturing, pharmaceutical manufacturing, industrial manufacturing, liquid and air purification, environmental protection and food and beverage production.

AdvEn Inc.
Country Canada
Founded 2011
Industry Metal Fabrication
Sector Industrials
Employees 16
CEO Dr. Yanguang Yuan

Contact Details

Address:
Unit 300, 3615 - 11 St.
Nisku, AB T9E 1C6
Canada
Phone (587) 330-9051
Website adveninc.com

Stock Details

Ticker Symbol ADVEN
Exchange NYSEAMERICAN
Fiscal Year January - December
Reporting Currency CAD
CIK Code 0001887689
SIC Code 2860

Key Executives

Name Position
Dr. Yanguang Yuan Chief Executive Officer and Director
Philip Chong Chief Financial Officer and Director
Dr. Grzegorz Ombach Chairman of the Board
John Meekison Director
Donald Nicholson Director

Latest SEC Filings

Date Type Title
Jul 12, 2024 F-1 Registration statement for certain foreign private issuers
Feb 2, 2024 DRS/A [Amend] [Cover] Draft Registration Statement
Dec 15, 2023 DRS/A [Amend] [Cover] Draft Registration Statement
Dec 5, 2023 D Notice of Exempt Offering of Securities
Sep 20, 2023 DRS/A [Amend] [Cover] Draft Registration Statement
Mar 14, 2023 DRS/A [Amend] [Cover] Draft Registration Statement
Jan 20, 2023 DRS [Cover] Draft Registration Statement