Aduro Clean Tech Stock Price, News & Analysis

Aduro Clean Technologies (NASDAQ: ADUR) has appointed David Weizenbach as Chief Operating Officer, effective July 1st, 2025. Weizenbach brings over 30 years of experience in engineering leadership and operations, including 25 years at NOVA Chemicals. He has been working with Aduro in a consulting capacity for the past six months.

The appointment comes at a crucial time as Aduro prepares for the commissioning of its Next Generation Process (NGP) pilot plant and plans for demonstration-scale facility deployment. Weizenbach's expertise spans process automation, safety systems, capital project delivery, and operational governance. His previous roles include managing automation teams, capital projects portfolios, and leading Emergency Response and Safety programs at NOVA Chemicals.

Aduro Clean Technologies announced the closing of its underwriter's over-allotment option, raising an additional US$1.2 million by issuing 142,180 common shares and 71,090 warrants. The warrants have an exercise price of US$10.13 per share, are immediately exercisable, and expire in three years. D. Boral Capital LLC served as the sole book-running manager. The offering was made under an effective shelf registration on Form F-10 and the company's Canadian base shelf prospectus. Proceeds will fund R&D, construction of a Demonstration-Scale plant, and general corporate purposes. Aduro, trading on Nasdaq (ADUR), CSE (ACT), and FSE (9D5), specializes in water-based Hydrochemolytic Technology for recycling waste plastics and converting heavy crude and renewable oils into higher-value products.

Aduro Clean Technologies has successfully closed an US$8 million underwritten public offering, selling 947,868 common shares with accompanying warrants. Each share and half warrant combination was priced at US$8.44, with whole warrants exercisable at US$10.13 per share for three years. The offering includes a 45-day over-allotment option for additional shares and warrants. D. Boral Capital LLC served as the sole book-running manager. The proceeds will fund research and development, construction of a Demonstration-Scale plant, and general corporate purposes. Aduro's Hydrochemolytic Technology focuses on converting waste plastics, heavy crude, and renewable oils into valuable resources using water-based technologies at relatively low temperatures.

Aduro Clean Technologies has announced the pricing of an US$8 million underwritten public offering, consisting of 947,868 common shares with accompanying warrants. Each share and half warrant combination is priced at US$8.44, with whole warrants exercisable at US$10.13 per share for three years. The offering includes a 45-day over-allotment option for additional shares and warrants. D. Boral Capital LLC is managing the offering, expected to close around June 11, 2025. Proceeds will fund R&D, construction of a Demonstration-Scale plant, and general corporate purposes. Aduro specializes in water-based Hydrochemolytic Technology for recycling waste plastics, converting heavy crude into lighter oil, and transforming renewable oils into higher-value products.

Aduro Clean Technologies (NASDAQ: ADUR) has partnered with Delphi, a leading Canadian sustainability consultancy, to conduct a Life Cycle Assessment (LCA) of its Hydrochemolytic™ technology for waste plastic processing. The assessment will be conducted in multiple phases, starting with a screening-level LCA focused on greenhouse gas emissions and energy use, following ISO 14040 and 14044 frameworks.

The comprehensive evaluation will later incorporate operational data from Aduro's Next Generation Process (NGP) pilot plant, currently under construction. The final phase will benchmark the Hydrochemolytic™ process against other chemical recycling approaches. This strategic initiative aims to provide stakeholders with credible, third-party reviewed information about the technology's environmental performance and support the company's alignment with circular economy expectations.

Aduro Clean Technologies (Nasdaq: ADUR) has engaged Generation IACP Inc. to provide market making services starting May 12th, 2025. The initial six-month agreement, which is automatically renewable, involves Generation trading Aduro's shares on the CSE and other venues to maintain market stability and enhance share liquidity. The service comes with a monthly fee of US$8,000 for the initial term, increasing to US$9,000 for the first renewal, with subsequent 3% annual increases. Generation, operating independently, will be responsible for all trading costs and currently holds no Aduro securities.

Aduro Clean Technologies specializes in developing water-based Hydrochemolytic™ Technology for recycling waste plastics, converting heavy crude into lighter oil, and transforming renewable oils into higher-value fuels or chemicals.

Aduro Clean Technologies (ACTHF) has signed a Memorandum of Understanding with Cleanfarms to evaluate the potential of Aduro's Hydrochemolytic™ Technology (HCT) for recycling agricultural plastic waste. The collaboration aims to develop a commercial solution for processing difficult-to-recycle farm plastics like silage film, bale wrap, and grain bags. The partnership will progress through three phases: Phase A involves laboratory testing of contaminated agricultural plastic samples, Phase B focuses on scale-up and process modeling using Aduro's Next Generation Pilot plant, and Phase C considers potential integration into Aduro's planned Demonstration Plant. Currently, Canada generates approximately 62,000 tonnes of agricultural plastic annually, while global agricultural value chains used about 12.5 million tonnes of plastic products in 2019. Cleanfarms, which achieved an 87% recovery rate for pesticide and fertilizer containers in 2023, will provide expertise and access to real-world farm plastic materials through its network of over 2,000 collection sites.

Aduro Clean Technologies has partnered with Siemens Canada to implement advanced automation and control systems for its Next Generation Process Pilot Plant, set for commissioning in Q3 2025. The collaboration centers on integrating Siemens' SIMATIC PCS neo distributed control system, a web-based platform that will provide centralized process control for the plant's continuous operation. The Pilot Plant will validate Aduro's Hydrochemolytic™ Technology (HCT), which uses water as a reactive medium at moderate temperatures to convert waste plastics and other feedstocks into valuable hydrocarbons. Unlike pyrolysis, HCT operates under controlled catalytic conditions, achieving higher conversion rates with lower energy input. Siemens will also contribute technical expertise for Aduro's future demonstration plant planning, leveraging their experience in chemical recycling scale-up projects.

Aduro Clean Technologies (ADUR/ACT) reported Q3 fiscal 2025 results with quarterly revenue of $63,399, marking a 39% decrease from Q3 2024. Operating loss widened to $2.85 million compared to $2.02 million in Q3 2024, primarily due to company growth, increased headcount, and Nasdaq listing expenses.

The company maintained a strong cash position of $8.4 million and reported property and equipment value of $4.2 million. Key developments include completing the Basic Engineering Design phase for their HCT Next Generation Process pilot plant, filing a new patent for process design implementation, and appointing new leadership with Arturo Gomez as VP of Engineering and Neha Nisar as VP of Finance.

Following their November 2024 Nasdaq listing, underwriters exercised an over-allotment option for additional shares, resulting in total gross proceeds of approximately US$4.52 million at US$4.25 per share.