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Aduro Clean Technologies Inc. (hereinafter referred to as "Aduro"), a company specializing in chemical products, has entered into an underwriting agreement with D. Boral (OTC:BOALY) Capital LLC, according to a Form 6-K filed with the Securities and Exchange Commission on June 11, 2025. The agreement, dated June 9, 2025, details the terms under which D. Boral Capital LLC will underwrite securities for Aduro.
In addition to the underwriting agreement, the filing includes the form of warrant and the consent of De Visser Gray LLP, which are incorporated by reference as exhibits to Aduro’s registration statement on Form F-10 (File No. 333-287475). These documents are part of the company’s strategic financial arrangements and are intended to support Aduro’s growth and development in its sector.
The filing does not disclose the financial terms or the specific securities to be underwritten. However, such agreements typically involve the sale of shares, bonds, or other financial instruments by the underwriter on behalf of the issuing company. The underwriter may also provide guarantees for the sale of these securities, offering a degree of financial stability to the issuer.
Aduro, headquartered at 542 Newbold Street, London, Ontario, has made the necessary regulatory filings to ensure transparency and compliance with the Securities Exchange Act of 1934. The Chief Financial Officer of Aduro, Mena Beshay, signed the report, indicating the company’s official authorization for the agreement and related filings.
Investors and stakeholders in Aduro Clean Technologies may view this development as a step towards potential capital raising activities, although the company has not yet released further details regarding the use of proceeds or the timing of the securities offering.
This news is based on the latest 6-K filing by Aduro Clean Technologies Inc. and provides a glimpse into the company’s financial maneuvers as it navigates the market and seeks to expand its business operations.
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