Aduro Clean Technologies Forges Strategic Partnership with Water Tower Research
LONDON, Ontario – In a significant move to bolster its market presence, Aduro Clean Technologies Inc., a pioneering clean technology firm, has announced a strategic collaboration with Water Tower Research LLC. This partnership is designed to provide extensive research coverage and sophisticated investor engagement services, ultimately supporting Aduro's ambitious growth objectives and increasing its visibility among institutional investors.
Details of the Agreement
Under the newly established agreement, Water Tower Research will deliver a suite of research and capital markets communication services to Aduro for an initial term of six months, commencing on April 1, 2026. The comprehensive services include the production of detailed research reports, which will be distributed through WTR's advanced digital delivery infrastructure and various marketing channels. In exchange for these services, Aduro has agreed to pay a total cash fee of US$39,000, plus any applicable taxes, payable upon the execution of the agreement.
The agreement also includes a renewal option, allowing Aduro to extend the partnership for an additional six-month period. This renewal term can be initiated at any time after August 31, 2026, by providing written notice to Water Tower Research. If exercised, the renewal will become effective on September 30, 2026, with Aduro committing to pay an aggregate cash fee of US$48,000, plus applicable taxes, for the services rendered during this extended period.
Strategic Objectives and Company Background
The engagement with Water Tower Research is strategically aimed at amplifying the visibility of Aduro's innovative technologies both in the United States and on an international scale. Aduro Clean Technologies specializes in developing patented water-based technologies that 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. Their Hydrochemolytic™ Technology utilizes water as a critical agent in a chemistry platform that operates at relatively low temperatures and costs, offering a transformative approach to converting low-value feedstocks into essential resources for the modern era.
Water Tower Research, an investor engagement and research-driven communications firm, is dedicated to 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.
Independence and Future Considerations
It is important to note that Water Tower Research is an arm's length entity to Aduro and does not currently own any securities of the company as of the date of this announcement. However, WTR may acquire an interest in Aduro's securities in the future. Beyond the engagement for research and capital markets communications services detailed in this agreement, there is no other relationship between the two entities. Importantly, no performance-based compensation or securities are being granted in connection with this engagement, ensuring transparency and alignment with standard market practices.
This partnership marks a pivotal step for Aduro Clean Technologies as it seeks to leverage Water Tower Research's expertise to enhance its investor relations and broaden its reach within the global investment landscape, reinforcing its commitment to advancing sustainable solutions through cutting-edge chemistry.
