Aduro Clean Technologies Inc. announced the estimation of its underwritten U.S. public offering, consisting of 1,739,130 common shares and warrants to purchase 869,565 common shares, with a gross proceeds of approximately $20 million USD. The offering is expected to close around December 22, 2025, with D. Boral Capital LLC as the lead underwriter and Roth Capital Partners as the financial advisor. The net proceeds will be used to fund the construction costs of the pilot plant and for ongoing research and development, general corporate purposes, and working capital.

The offering is being conducted in accordance with a previously filed registration statement with the SEC and a Canadian base shelf prospectus. The company will grant the underwriters a 45-day option to purchase up to an additional 260,869 common shares and/or warrants to purchase 130,434 additional common shares. Aduro Clean Technologies is a developer of patented water-based technologies for chemical recycling of plastic waste, converting heavy crude oil and bitumen into lighter, more valuable oil, and transforming renewable oils into high-value fuels or renewable chemicals. For more information, contact Abe Dyck at [email protected] or Jack Perkins at [email protected].

Read more at GlobeNewswire: Aduro Clean Technologies annonce le lancement d’un appel