Aduro Clean Tech (Nasdaq: ADUR) says controls effective, 2026 auditor fees $80K
Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
40-F
Rhea-AI Filing Summary
Aduro Clean Technologies Inc. (ADUR), a British Columbia–incorporated issuer listed on Nasdaq, filed its annual Form 40‑F as a foreign private issuer under the multi‑jurisdictional disclosure system. The company reports 33,867,884 common shares outstanding at the close of the fiscal year ended May 31, 2026.
Aduro prepares audited financial statements under IFRS, audited in accordance with Canadian standards, which may not be directly comparable to U.S. GAAP reporting. Management, including the CEO and CFO, concluded that disclosure controls and procedures and internal control over financial reporting were effective as of May 31, 2026, and reports no changes during the year that materially affected these controls. The company states it has no off‑balance sheet arrangements reasonably likely to affect its financial condition or liquidity.
Aduro qualifies as an emerging growth company and is therefore exempt from the auditor attestation requirement under Section 404(b) of Sarbanes‑Oxley. It maintains a fully independent audit committee, has designated Peter Kampian as its audit committee financial expert, adopted a code of ethics, and implemented a clawback policy, with no compensation recoveries required to date. Auditor De Visser Gray LLP billed $80,000 in total fees for 2026, down from $106,000 in 2025.
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