Core Viewpoint - Aduro Clean Technologies Inc. announced a public offering of 1,739,130 common shares, along with warrants for an additional 869,565 shares, aiming to raise approximately $20 million before underwriting commissions and offering expenses [1][3]. Group 1: Offering Details - The offering includes a half-warrant associated with each common share, with each full warrant allowing the purchase of one common share at an exercise price of $16, becoming exercisable immediately and expiring three years after issuance [1]. - D. Boral Capital LLC is the lead underwriter for the offering, while Roth Capital Partners serves as the financial advisor [2]. - The offering is expected to close around December 22, 2025, subject to customary closing conditions [3]. Group 2: Use of Proceeds - The net proceeds from the offering will be used to finance the construction costs of Aduro's pilot plant, with any remaining funds allocated to ongoing research and development, general corporate needs, and working capital [3]. Group 3: Regulatory Compliance - The offering is conducted under a prior registration statement on Form F-10 filed with the U.S. Securities and Exchange Commission (SEC) and became effective on December 15, 2025 [5]. - A simplified base prospectus was also filed with Canadian securities regulatory authorities, and the final prospectus detailing the definitive terms will be filed shortly [6]. Group 4: Company Overview - Aduro Clean Technologies is a developer of patented water-based technologies aimed at chemically recycling plastic waste, converting heavy crude oil and bitumen into lighter, higher-value oil, and transforming renewable oils into higher-value fuels or renewable chemicals [8]. - The company's Hydrochemolytic™ technology utilizes water as a key agent in a chemical platform that operates at relatively low temperatures and costs, representing a transformative approach to converting low-value raw materials into resources for the 21st century [8].

Core Viewpoint - Aduro Clean Technologies Inc. has announced the pricing of its public offering of 1,739,130 common shares in the U.S., aiming to raise approximately $20 million before deducting underwriting discounts and offering expenses [1][3]. Group 1: Offering Details - The offering includes 1,739,130 common shares and associated warrants to purchase 869,565 common shares, with a gross proceeds target of about $20 million [1]. - Each whole warrant allows the purchase of one common share at an exercise price of $16.00 per share, with warrants being immediately exercisable and expiring three years from the issuance date [1]. - The company has granted the underwriters a 45-day option to purchase up to 260,869 additional common shares and/or warrants to purchase up to 130,434 additional common shares [4]. Group 2: Use of Proceeds - Aduro intends to use the net proceeds from the offering for expenses related to the construction of its demonstration facility, ongoing research and development, general corporate purposes, and working capital [3]. Group 3: Regulatory Compliance - The offering is conducted under a valid shelf registration statement filed with the SEC and a Canadian short form prospectus, with securities being offered exclusively in the United States [5]. - The base prospectus detailing the terms of the offering has been filed with the relevant securities regulatory authorities and can be accessed for free on the company's profiles on SEDAR+ and the SEC's website [6]. Group 4: Company Overview - Aduro Clean Technologies develops patented water-based technologies to chemically recycle plastic waste, convert heavy crude oil and bitumen into lighter, more valuable oil, and transform renewable oils into higher-value fuels or renewable chemicals [8]. - The company's Hydrochemolytic™ technology operates at relatively low temperatures and costs, utilizing water as the primary agent in a chemical platform to convert low-value raw materials into resources for the 21st century [8].