AdvEn ^{Filed Terms, NYSE American: ADVEN}

We are an emerging growth company located in Alberta, Canada. We have not earned revenues from our operations. We have completed construction of our initial production plant for the commercial production of advanced super activated carbon (“ASAC”) products in the fourth quarter of 2023. Plant commissioning is underway as of the date of this prospectus and we plan to commence commercial production in the third quarter of 2024, however we have not yet completed any sales of our ASAC products. Further, while we have entered into letters of intent for the sale of our ASAC products, we do not have any binding commitments for the purchase of our ASAC products as of the date of this prospectus. Accordingly, there is substantial doubt as to our ability to continue as a going concern even after accounting for the proceeds of this offering. Through our wholly owned Alberta, Canada subsidiary, AdvEn Industries Inc. (“AdvEn Industries”), we are engaged in research, development and commercialization of ASAC and dry electrode super adhesive coating (“ESAC”) technologies derived from refinery residues and heavy asphaltenes (together “Residues”) – the non-volatile components of crude oil. Our products are used for various industrial and commercial applications with improved technical performance compared to other products currently available on the global market.