Aduro Clean Technologies Closes $20 Million Public Offering to Fund R&D
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 23 2025
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Source: Globenewswire
- Offering Size: Aduro Clean Technologies successfully closed its public offering of 1,739,130 common shares, raising approximately $20 million, which provides crucial funding for the company's future development initiatives.
- Use of Proceeds: The funds raised will primarily be allocated towards the construction of a demonstration-scale plant, with remaining proceeds directed towards ongoing research and development, general corporate purposes, and working capital, ensuring the company's continued innovation in clean technology.
- Underwriting Arrangement: D. Boral Capital LLC acted as the lead underwriter for the offering and granted a 45-day over-allotment option allowing underwriters to purchase an additional 260,869 common shares, enhancing the flexibility of the financing.
- Market Compliance: The offering was conducted under an effective shelf registration statement on Form F-10, ensuring compliance and laying the groundwork for future capital market activities, thereby boosting investor confidence in the company.
Analyst Views on ADUR
About ADUR
Aduro Clean Technologies Inc. is a Canada-based clean technology company. The Company is a developer of water-based technologies to chemically recycle waste plastics; convert heavy crude and bitumen into lighter, more valuable oil, and transform renewable oils into higher-value fuels or renewable chemicals. Its chemical recycling platform features three water-based technologies, such as Hydrochemolytic Plastics Upcycling (HPU), Hydrochemolytic Renewables Upgrading (HRU) and Hydrochemolytic Bitumen Upgrading (HBU). Its Plastics Upcycling application converts waste plastics into feedstocks for producing new plastics or hydrocarbon fuels. Its HRU transform renewable oils into renewable motor fuels, sustainable aviation fuel (SAF), and specialty chemicals in scalable formats that can be integrated straightforwardly into existing operations.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
