Aduro Clean Technologies Inc. has listed on the Toronto Stock Exchange (TSX) under the ticker ACT, opening another avenue for the London, Ont.-based company to raise funds and broaden its reach.

Aduro is the developer of a process called Hydrochemolytic Technology (HCT), which breaks down plastic waste, bitumen and fats into reusable feedstock, a lower-carbon energy source and fuels, respectively.

The company is also listed on the Nasdaq (ADUR) and Frankfurt Stock Exchange (9D5). It was on the Canadian Securities Exchange (CSE) since 2021, before it delisted in concurrence with joining the TSX. The company was once on the CSE25 Index, a benchmark of the 25 largest companies on the exchange by market capitalization.

“The commencement of trading on the Toronto Stock Exchange marks an important step in the capital markets development of Aduro,” Ofer Vicus, CEO of the company, said in a Wednesday morning announcement.

The move “reflects the progress the company has made since first entering the public markets in Canada,” he continued.

What the TSX listing means for Aduro

Aduro announced its intent to list on the TSX last week, disclosing it received conditional approval to list its common shares.

Since going public on the CSE, Aduro has progressed from an early-stage company into a Nasdaq-listed firm with a strengthened balance sheet and expanding industrial commercialization programs, Vicus said.

For example, it is developing its pilot facility in London and a first-of-a-kind facility in a Dutch industrial park, and is moving forward on commercial offtake deals and license package development, he added.

As a growing company, listing on the much larger TSX will offer Aduro more options to sustain its trajectory.

TSX-listed companies benefit from Canada’s senior equity market infrastructure, Aduro said, including efficient access to liquidity, quality execution, broader broker-dealer participation, market-making support, and visibility across institutional trading systems.

As a globally recognized stock exchange, the listing is expected to boost Aduro’s profile in Canadian capital markets and among institutional investors, analysts, investment dealers and financial media. Institutional investment mandates, research platforms and capital markets workflows are also anticipated to keep a closer eye on the company.

The TSX listing “provides a senior Canadian market platform that better aligns with Aduro’s current stage of development and international investor profile,” Vicus said.

Aduro's current state

In its Q3 2026 results ended Feb. 28, the latest to date, Aduro said the commissioning of the pilot plant was finished. Completing the step enables the company to acquire operating data and evaluate the feedstocks, it said.

The pilot is to serve as a “critical technical bridge" between laboratory development and its industrial project in the Netherlands, furnishing Aduro with data to support the engineering and planning for the European facility.

To be located in the Chemelot Industrial Park, the first-of-a-kind project is expected to process approximately 10,000 tonnes of plastics per year as validation of HCT. Aduro then expects to raise the capacity toward commercialization.

In the quarter, Aduro graduated from the Shell GameChanger program, which the company said demonstrated HCT has the potential to transform “complex, contaminated” plastic waste into “high-quality liquid hydrocarbons” under continuous operation, using readily available industrial equipment.

Additionally, the company completed an underwritten U.S. public offering that generated approximately US$20 million in gross proceeds. In January, it received additional gross proceeds of approximately US$3 million through a closing of the underwriter’s over-allotment option. The funds are to support its Netherlands facility, finance its research and development activities, and provide working capital.