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Aduro Clean Technologies (Nasdaq: ADUR) closes US$15.64M share sale

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Aduro Clean Technologies Inc. closed an underwritten U.S. and Canadian public offering of 1,028,645 common shares at US$15.20 (C$21.20) per share, raising gross proceeds of about US$15.64 million before underwriting discounts and expenses. The company plans to use the net proceeds mainly to design, engineer and construct its first-of-a-kind demonstration-scale industrial plant, and to fund research and development, with the balance for general corporate purposes and working capital. The offering was conducted under Aduro’s Form F-10 shelf registration and a Canadian short form base shelf prospectus, and the listing of the new shares has been conditionally approved by the Toronto Stock Exchange, subject to customary post-closing conditions.

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Insights

Aduro raises US$15.64M equity to fund its first demonstration plant.

Aduro Clean Technologies completed an underwritten public share offering of 1,028,645 common shares at US$15.20 each, generating gross proceeds of US$15.64 million. The deal was marketed concurrently in the U.S. and Canada under an effective Form F-10 shelf.

The company plans to direct most of the net proceeds to its first-of-a-kind demonstration-scale industrial plant, called the FOAK Plant, and to ongoing research and development, with the remainder for general corporate and working capital needs. This links the capital raise directly to advancing its Hydrochemolytic™ technology platform.

The shares issued have conditional listing approval from the TSX, subject to customary post-closing conditions, and the transaction was led by Canaccord Genuity as sole bookrunner. The overall impact on shareholders will depend on how effectively Aduro converts this new capital into demonstrable plant progress and technology milestones disclosed in future periods.

Shares issued 1,028,645 shares Common shares sold in underwritten public offering
Offering price US$15.20 per share Public offering price (C$21.20 equivalent)
Gross proceeds US$15,635,404 Aggregate gross proceeds before discounts and expenses
Headline gross amount US$15.64 million Rounded gross proceeds figure in announcement headline
Exchange rate US$1 = C$1.3947 Bank of Canada rate used for C$ amounts on June 9, 2026
FOAK Plant focus First-of-a-kind plant Primary stated use of net proceeds from offering
underwritten public offering financial
"announced the closing of its underwritten U.S. and Canadian public offering"
An underwritten public offering is when a company sells new shares of its stock to the public with the help of a financial firm, called an underwriter. The underwriter agrees to buy all the shares upfront, reducing the company's risk, and then sells them to investors. This process helps companies raise money quickly and confidently from a wide range of buyers.
Form F-10 regulatory
"pursuant to an effective shelf registration statement on Form F-10, as amended"
Form F-10 is a standardized prospectus document filed with Canadian securities regulators when a Canadian company offers shares or other securities to the public. It lays out the company’s business, financial results, management, and risks—like a detailed product label that helps investors compare what they’re buying and understand potential downsides. For investors, the form matters because it provides the core information needed to evaluate the safety, value and terms of a public securities offering.
short form base shelf prospectus regulatory
"the Company's Canadian short form base shelf prospectus dated December 15, 2025"
A short form base shelf prospectus is a pre-approved, reusable document that lets a company register a pool of securities (like stocks or bonds) it can sell over time without repeating a full disclosure process each time. Think of it as a menu the company files once so it can quickly offer items from that menu later; investors care because it speeds up capital raises, can dilute existing holdings, and signals the company’s ability to access funding when needed.
first-of-a-kind demonstration-scale industrial plant technical
"for expenditures related to the design, engineering and construction of its first-of-a-kind demonstration-scale industrial plant"
forward-looking statements regulatory
"This press release contains "forward-looking statements" within the meaning of applicable United States securities laws"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES
EXCHANGE ACT OF 1934

For the month of June 2026

Commission File Number 001-42393

Aduro Clean Technologies Inc.

(Translation of registrant's name into English)

542 Newbold Street, London, Ontario  N6E 2S5, Canada

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.    Form 20-F  [  ]  Form 40-F  [ X ]


SUBMITTED HEREWITH

EXHIBIT

99.1 News release dated June 11, 2026
   
99.2 Material Change Report dated June 12, 2026


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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Aduro Clean Technologies Inc.

/s/ Mena Beshay                                          

Mena Beshay, Chief Financial Officer

Date:  June 12, 2026



Aduro Clean Technologies Announces Closing of US$15.64 Million
Underwritten Public Offering

London, Ontario, June 11, 2026 - Aduro Clean Technologies Inc. ("Aduro" or the "Company") (Nasdaq: ADUR) (TSX: 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 closing of its underwritten U.S. and Canadian public offering (the "Public Offering") of 1,028,645 common shares at a price of US$15.20 (C$21.20) per common share for gross proceeds to the Company of US$15,635,404, before deducting underwriting discounts and offering expenses.

Canaccord Genuity acted as sole bookrunning manager and representative of the several underwriters in connection with the Public Offering.

Aduro intends to use the net proceeds from the Public Offering for expenditures related to the design, engineering and construction of its first-of-a-kind demonstration-scale industrial plant (the "FOAK Plant"), ongoing research and development costs and the remainder for general corporate purposes and working capital.

The Public Offering was made concurrently in the United States and in the Canadian provinces of British Columbia and Ontario pursuant to an effective shelf registration statement on Form F-10, as amended (File No. 333-292023), previously filed with the U.S. Securities and Exchange Commission (the "SEC") on December 15, 2025 and effective upon filing, and the Company's Canadian short form base shelf prospectus dated December 15, 2025, as supplemented by the prospectus supplement dated June 10, 2026.

The base shelf prospectus and the prospectus supplement relating to the Public Offering have been filed with the securities regulatory authorities in British Columbia and Ontario and with the SEC in the United States, and are available for free under the Company's profiles on SEDAR+ maintained by the Canadian Securities Administrators at www.sedarplus.ca and on the SEC's website for EDGAR at www.sec.gov, as applicable. Copies of the prospectus supplement and accompanying base shelf prospectus may also be obtained from Canaccord Genuity LLC, Attn: Syndication Department, 1 Post Office Square, 30th Floor, Boston, MA 02109, or by email at prospectus@cgf.com.

This press release shall not constitute an offer to sell, or the solicitation of an offer to buy, any of the Company's securities, nor shall such securities be offered or sold in the United States absent registration or an applicable exemption from registration, nor shall there be any offer, solicitation, or sale of any of the Company's securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.

All foreign exchange calculations set forth in this press release are based on the exchange rate posted by the Bank of Canada on June 9, 2026 of US$1 = C$1.3947. The listing of the Common Shares issued under the Public Offering was conditionally approved by the Toronto Stock Exchange ("TSX") and remains subject only to customary post-closing conditions of the TSX.


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 21st century.

For further information, please contact:

Abe Dyck, Head of Corporate Development / Investor Relations

ir@adurocleantech.com

+1 226 784 8889

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of applicable United States securities laws, and "forward-looking information" within the meaning of Canadian securities laws (collectively, "forward-looking statements"). All statements, other than statements of historical facts, included in this press release are forward-looking statements. The material factors and assumptions used to develop the forward-looking statements contained in this press release include the Company's understanding and belief of current market conditions; approved business plans and regulatory approvals with respect to the FOAK Plant and other pilot plants; continued progress in research and development activities; results of ongoing test work for technological and process improvements; the Company's experience with regulators; and the continuation of positive economic conditions. When used in this press release, the words "plan", "potential," "indicate," "expect," "intend," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking statements. These forward-looking statements include, without limitation, references to the Company's anticipated use of net proceeds from the Public Offering, statements regarding final regulatory approvals for the Public Offering and the anticipated receipt thereof, including, without limitation, customary post-closing conditions of the TSX. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Factors that could cause actual results to differ include, but are not limited to, risks and uncertainties related to factors that result in changes to the Company's anticipated use of proceeds, including those which may affect the Company's expectations with respect to its FOAK Plant or other pilot plants. These and other risks and uncertainties are described more fully in the section captioned "Risk Factors" in the Company's Base Shelf Prospectus, Prospectus Supplement, management discussion and analyses, and its annual information form dated August 27, 2025, each of which is available on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov. Forward-looking statements contained in this announcement are made as of the date hereof, and the Company undertakes no duty to update such information except as required under applicable law, including the securities laws of the United States and Canada.



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51-102F3
MATERIAL CHANGE REPORT

Item 1 Name and Address of Company

Aduro Clean Technologies Inc. (the "Company" or "Aduro")
542 Newbold St.
London, Ontario, Canada, N6E 2S5

Item 2 Date of Material Change

June 11, 2026

Item 3 News Release

The news release dated June 11, 2026 was disseminated via GlobeNewswire.

Item 4 Summary of Material Change

The Company closed its underwritten U.S. and Canadian public offering (the "Public Offering") of 1,028,645 common shares at a price of US$15.20 (C$21.20) per common share for aggregate gross proceeds to the Company of US$15,635,404, before deducting discounts, fees and other Offering expenses.

Canaccord Genuity LLC acted as sole bookrunning manager and representative of the several underwriters in connection with the Public Offering.

Aduro intends to use the net proceeds from the Public Offering for expenditures related to the design, engineering and construction of first-of-a-kind demonstration-scale industrial plant (the "FOAK Plant"), ongoing research and development costs and the remainder for general corporate purposes and working capital.

The Public Offering was made concurrently in the United States and in the Canadian provinces of British Columbia and Ontario pursuant to an effective shelf registration statement on Form F-10, as amended (File No. 333-292023), previously filed with the U.S. Securities and Exchange Commission (the "SEC") on December 15, 2025 and effective upon filing, and the Company's Canadian short form base shelf prospectus dated December 15, 2025, as supplemented by the prospectus supplement dated June 10, 2026.

The base shelf prospectus and the prospectus supplement relating to the Public Offering have been filed with the securities regulatory authorities in British Columbia and Ontario and with the SEC in the United States, and are available for free under the Company's profiles on SEDAR+ maintained by the Canadian Securities Administrators at www.sedarplus.ca and on the SEC's website for EDGAR at www.sec.gov, as applicable. Copies of the prospectus supplement and accompanying base shelf prospectus may also be obtained from Canaccord Genuity LLC, Attn: Syndication Department, 1 Post Office Square, 30th Floor, Boston, MA 02109, or by email at prospectus@cgf.com.


- 2 -

All foreign exchange calculations set forth in this press release are based on the exchange rate posted by the Bank of Canada on June 9, 2026 of US$1 = C$1.3947. The listing of the common shares issued under the Public Offering was conditionally approved by the Toronto Stock Exchange ("TSX") and remains subject only to customary post-closing conditions of the TSX.

Item 5 Full Description of Material Change

The material change is fully described in Item 4 above.

Item 6 Reliance on subsection 7.1(2) or (3) of National Instrument 51-102

N/A

Item 7 Omitted Information

None

Item 8 Executive Officer

Mena Beshay, Chief Financial Officer
Telephone: 226-784-8889

Item 9 Date of Report

June 12, 2026



FAQ

What did Aduro Clean Technologies (ADUR) announce in its June 2026 Form 6-K?

Aduro Clean Technologies announced the closing of an underwritten U.S. and Canadian public offering of 1,028,645 common shares. The deal raised gross proceeds of about US$15.64 million at a price of US$15.20 per share before underwriting discounts and offering expenses.

How much capital did Aduro Clean Technologies (ADUR) raise and at what share price?

Aduro raised gross proceeds of approximately US$15,635,404 through the sale of 1,028,645 common shares. The shares were priced at US$15.20 each, equivalent to C$21.20, based on a Bank of Canada exchange rate of US$1 = C$1.3947 on June 9, 2026.

How will Aduro Clean Technologies use the net proceeds from the public offering?

Aduro intends to allocate net proceeds primarily to design, engineering and construction of its first-of-a-kind demonstration-scale industrial plant. Additional funds will support ongoing research and development, with the remainder applied to general corporate purposes and working capital needs as the business develops its technology.

What regulatory framework supported Aduro Clean Technologies’ latest equity offering?

The offering was conducted under an effective Form F-10 shelf registration statement filed with the U.S. SEC and a Canadian short form base shelf prospectus. A related prospectus supplement dated June 10, 2026 supported sales in British Columbia, Ontario and the United States concurrently.

Who managed Aduro Clean Technologies’ US$15.64 million public share offering?

Canaccord Genuity acted as sole bookrunning manager and representative of the several underwriters in the transaction. The firm handled the underwritten U.S. and Canadian public offering structure, helping Aduro access both markets simultaneously for its common share issuance.

What is the status of listing approval for Aduro Clean Technologies’ newly issued shares?

The common shares issued in the public offering received conditional listing approval from the Toronto Stock Exchange. This approval is subject only to customary post-closing conditions, meaning final listing depends on completion of standard post-transaction requirements set by the TSX.

Filing Exhibits & Attachments

2 documents