Business
Aduro Clean Technologies Announces Pricing of US$20 Million Underwritten Public Offering
LONDON, Ontario, Dec. 19, 2025 (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 the pricing of its underwritten U.S. public offering (the “Offering”) of 1,739,130 common shares, together with accompanying warrants to purchase 869,56
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, Dec. 19, 2025 (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 the pricing of its underwritten U.S. public offering (the “Offering”) of 1,739,130 common shares, together with accompanying warrants to purchase 869,565 common shares for gross proceeds of approximately US$20 million, before deducting underwriting discounts and offering expenses. The common shares are being 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, will become exercisable immediately and will expire three years from the date of issuance.","length":948,"tagName":"p"},{"type":"text","content":"D. Boral Capital LLC is acting as lead underwriter for the Offering. Roth Capital Partners is acting as Financial Advisor for the Offering.","length":139,"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. The Offering is expected to close on or about December 22, 2025, subject to the satisfaction of customary closing conditions.","length":372,"tagName":"p"},{"type":"text","content":"In addition, the Company has granted the underwriters a 45-day over-allotment option to purchase up to an additional 260,869 common shares and/or warrants to purchase an additional 130,434 common...