Aduro Clean Technologies Engages Water Tower Research

Rhea-AI Summary

Aduro Clean Technologies (Nasdaq: ADUR) engaged Water Tower Research for institutional research coverage and investor engagement to raise visibility of its developing technologies.

The agreement begins April 1, 2026 for six months with a US$39,000 upfront fee; a renewal term starting September 30, 2026 would cost US$48,000. WTR is arm’s length and may acquire securities in the future; no performance-based pay or securities were granted.

Key Figures

Initial WTR fee: US$39,000 Renewal WTR fee: US$48,000 Initial term length: 6 months +3 more

6 metrics

Initial WTR fee US$39,000 Aggregate cash fee for initial 6-month term, payable on execution

Renewal WTR fee US$48,000 Aggregate cash fee for optional 6-month Renewal Term

Initial term length 6 months Research and capital markets communications services from WTR

Start date April 1, 2026 Beginning of initial WTR engagement term

Renewal notice earliest date After August 31, 2026 Earliest timing for Aduro to provide renewal notice

Renewal term effective date September 30, 2026 Effective date if Renewal Term is exercised

Market Reality Check

Price: $4.52 Vol: Volume 22,484 is close to...

normal vol

$4.52 Last Close

Volume Volume 22,484 is close to the 20-day average of 23,095 (relative volume 0.97). normal

Technical Price at 4.52 is trading above the 200-day MA of 3.71, with shares 13.9% below the 52-week high and well above the 52-week low.

Peers on Argus

No peers in the provided industry list showed momentum, and no same-day peer hea...

No peers in the provided industry list showed momentum, and no same-day peer headlines were reported, indicating the -2.45% move appears company-specific rather than sector-driven.

Market Pulse Summary

This announcement highlights Aduro’s engagement of Water Tower Research for a 6-month research and c...

Analysis

This announcement highlights Aduro’s engagement of Water Tower Research for a 6-month research and capital markets communications program starting April 1, 2026, with an optional 6-month renewal. The deal is cash-only, with no securities or performance-based compensation. Investors may track how expanded research coverage and outreach support Aduro’s efforts to commercialize its Hydrochemolytic™ Technology and advance its broader growth objectives.

AI-generated analysis. Not financial advice.

LONDON, Ontario, March 25, 2026 (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 21^st century, today announced that it has entered into an agreement (the “Agreement”) with Water Tower Research LLC (“WTR”), an institutional research and investor engagement firm to provide comprehensive research coverage and strategic investor engagement services to support Aduro's growth objectives and enhance visibility within the institutional investment community.

Under the terms of the Agreement, WTR will provide research and capital markets communications services to the Company for an initial term of six months beginning April 1, 2026. The services provided to the Company include the production of content, including research reports distributed through WTR’s proprietary digital delivery infrastructure and digital and marketing channels. In consideration for the services to be provided by WTR, the Company has agreed to pay an aggregate cash fee of US$39,000 (plus any applicable taxes), payable upon the execution of the Agreement. The Company may renew the Agreement for a subsequent six-month period (the “Renewal Term”) at any time after August 31, 2026, by providing a written notice of intent to renew (the “Notice”) to WTR, which Renewal Term will be effective as of September 30, 2026. If the Company provides the Notice to WTR, the Company will pay to WTR an aggregate cash fee of US$48,000 (plus applicable taxes) in consideration for the services provided during the Renewal Term.

WTR is arm’s length to the Company and does not own any securities of Aduro as of the date of this release; however, WTR may acquire an interest in the securities of the Company in the future. Other than the engagement for research and capital markets communications services described herein, WTR has no other relationship with the Company. No performance-based compensation or securities are being granted in connection with the engagement of WTR.

The engagement of WTR is aimed to increase the visibility of Aduro’s developing technologies in the United States and internationally.

About Water Tower Research LLC

Water Tower Research is an investor engagement and research-driven communications firm focused on modernizing investor engagement. The firm provides open-access, institutional-quality research, along with strategic investor engagement services, including events and digital distribution, to facilitate effective communication between companies and the investment community. For more information, visit www.watertowerresearch.com

About Aduro Clean Technologies

Aduro Clean Technologies is a developer of patented 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. The Company’s Hydrochemolytic™ Technology relies on water as a critical agent in a chemistry platform that operates at relatively low temperatures and cost, a game-changing approach that converts low-value feedstocks into resources for the 21^st century.

For further information, please contact:

Abe Dyck, Head of Corporate Development / Investor Relations
ir@adurocleantech.com
+1 226 784 8889

Water Tower Research LLC
Michael McCormick
mike.mccormack@watertowerresearch.com
+1 212 472 2424

KCSA Strategic Communications
Jack Perkins, Senior Vice President
aduro@kcsa.com

Forward Looking Statements

This news release contains forward-looking statements. All statements, other than statements of historical fact that address activities, events, or developments that the Company believes, expects or anticipates will or may occur in the future, are forward-looking statements. The forward-looking statements reflect management’s current expectations based on information currently available and are subject to a number of risks and uncertainties that may cause outcomes to differ materially from those discussed in the forward-looking statements. In this release, the forward looking statements include, but are not limited to, expectations regarding the implementation of research and capital markets communications services of Water Tower Research LLC; and, in particular, the anticipated effects of the proposed services, including increased awareness of the Company and its developing technologies in the United States and internationally. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, undue reliance should not be put on such statements due to their inherent uncertainty. Important factors that could cause actual results to differ materially from the Company’s expectations include, but are not limited to, the research and capital markets communications services not being provided as anticipated, the delivery of such services not resulting in the anticipated results, adverse market conditions and other factors beyond the control of the parties.

Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this news release. Aduro undertakes no obligation to update or revise any forward-looking statements, except as required by applicable law.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/fb14501d-9519-434b-b7e6-79ef0a14958a

FAQ

What did Aduro (ADUR) announce about engaging Water Tower Research on March 25, 2026?

Aduro announced a six-month engagement of Water Tower Research to provide research and investor engagement services. According to the company, the engagement starts April 1, 2026 and aims to increase institutional visibility in the U.S. and internationally.

How much will Aduro (ADUR) pay Water Tower Research for the initial engagement?

Aduro will pay an aggregate cash fee of US$39,000 for the initial six-month term. According to the company, this amount is payable upon execution and is subject to applicable taxes.

What are the renewal terms for the Water Tower Research agreement with Aduro (ADUR)?

Aduro may renew the agreement for a subsequent six-month term with a US$48,000 fee if it provides written notice after August 31, 2026. According to the company, the Renewal Term would become effective September 30, 2026.

Will Water Tower Research receive stock or performance-based compensation from Aduro (ADUR)?

No, Water Tower Research will not receive securities or performance-based compensation as part of this engagement. According to the company, compensation is limited to the disclosed cash fees only.

Does Water Tower Research own any Aduro (ADUR) securities as of March 25, 2026?

As of the announcement date, Water Tower Research does not own any Aduro securities but may acquire an interest in the future. According to the company, WTR is currently arm’s length with no other relationship.

What services will Water Tower Research provide to Aduro (ADUR) under the agreement?

WTR will provide institutional-quality research reports, digital distribution and investor engagement services to Aduro. According to the company, services include content production and strategic capital markets communications via WTR’s digital channels.