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ClearSign Combustion (CLIR) IPO Trades Flat

April 25, 2012 2:27 PM EDT
The IPO for ClearSign Combustion Corporation (NASDAQ: CLIR) opened earlier. Shares are trading at $4.13 after pricing 3,000,000 shares at $4.00.

MDB Capital Group LLC acted as the underwriter for the offering.

ClearSign Combustion Corporation designs and develops technologies that aim to improve key performance characteristics of combustion systems including energy efficiency, emissions control, fuel flexibility and overall cost effectiveness.


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