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Aduro Clean Technologies Announces Pricing of US$8 Million Underwritten Public Offering

Provided By GlobeNewswire

Last update: Jun 10, 2025

LONDON, Ontario, June 10, 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 947,868 common shares, together with accompanying warrants to purchase 473,934 common shares. The combined public offering price per common share and accompanying half warrant is US$8.44, for gross proceeds of approximately US$8 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$10.13 per share, will become exercisable immediately and will expire three years from the date of issuance.

Read more at globenewswire.com

ADURO CLEAN TECHNOLOGIES INC

NASDAQ:ADUR (6/23/2025, 1:58:52 PM)

10.3818

-0.19 (-1.78%)



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