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Aduro Clean Technologies Announces Closing of Underwriter’s Over-Allotment Option in Public Offering
LONDON, Ontario, Jan. 30, 2026 (GLOBE NEWSWIRE) -- Aduro Clean Technologies Inc. ("Aduro" or the "Company") (Nasdaq: ADUR) (CSE: ACT) (FSE: 9D5), a clean technology company using the power of chemistry to transform lower value feedstocks, like waste plastics, heavy bitumen, and renewable oils, into resources for the 21st century, today announced that it issued an additional 260,869 common shares and warrants to purchase an additional 130,434 common shares, for total gross proceeds of approximate
About this update from Aduro Clean Technologies Inc
[{"type":"image","alt":"Aduro Clean Technologies Inc.","displaySize":"","headline":null,"caption":"Aduro Clean Technologies Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":77,"url":"https://media.zenfs.com/en/globenewswire.com/a499b430aeb1bc28c88e5b619a61ef7c"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/CZcHksPDFjzVhW76gxdAhg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTEwODtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/a499b430aeb1bc28c88e5b619a61ef7c","width":300,"height":77}},"lazy":false},{"type":"text","content":"LONDON, Ontario, Jan. 30, 2026 (GLOBE NEWSWIRE) -- Aduro Clean Technologies Inc. ("Aduro" or the "Company") (Nasdaq: ADUR) (CSE: ACT) (FSE: 9D5), a clean technology company using the power of chemistry to transform lower value feedstocks, like waste plastics, heavy bitumen, and renewable oils, into resources for the 21st century, today announced that it issued an additional 260,869 common shares and warrants to purchase an additional 130,434 common shares, for total gross proceeds of approximately US$3 million, pursuant to D. Boral Capital LLC’s full exercise of its underwriter’s over-allotment option in connection with the Company’s previously announced underwritten U.S. public offering of common shares and accompanying warrants to purchase common shares (“Offering”). The common shares issued pursuant to the over-allotment option were sold in combination with an accompanying half warrant (with each whole warrant being exercisable into one common share of the Company). Each whole warrant has an exercise price of US$16.00 per share and are exercisable immediately and will expire three years from the date of issuance.","length":1153,"tagName":"p"},{"type":"text","content":"D. Boral Capital LLC acted as lead Underwriter for the Offering. Roth Capital Partners acted as financial advisor for the Offering.","length":131,"tagName":"p"},{"type":"text","content":"Aduro intends to use the net proceeds from the Offering for expenditures related to the construction of its Demonstration-Scale Plant and the remainder (if any) for ongoing research and development, general corporate purposes and working capital.","length":246,"tagName":"p"},{"type":"text","content":"The Offering was made pursuant to an effective shelf registration statement on Form F-10, as amended (File No. 333-292023),...