Carbon Revolution

2.77

+0.01000.36%

Post-market: 2.770.00000.00%19:12 EDT

Volume:14.40K

Turnover:41.59K

Market Cap:5.19M

PE:-0.44

High:3.19

Open:2.75

Low:2.75

Close:2.76

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News

Press Release: Carbon Revolution Secures Further Release of $5m Million from OIC and further $0.4 Million Reserve Release from Existing Lenders

Dow Jones

·

12 Mar

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GEELONG, Australia, March 11, 2025  -- Carbon Revolution plc  , a Tier 1 OEM supplier and the leading global manufacturer of lightweight advanced technology automotive carbon fiber wheels, today announced that Orion Infrastructure Capital  has released an incremental US$5 million of the US$25 million facility announced on December 23, 2024. As a result of this most recent release, $15 million of this US$25 million facility has now been released. Concurrent with this US$5 million tranche, lenders under the US$60 million PIUS loan entered into in May 2023  have also released a further US$400,000 of existing loan reserves, taking reserves released to US$1.2 million of the up to US$2 million agreed to be released. In connection with this funding tranche, the Company will issue to OIC and Existing Noteholders, penny warrants to purchase an aggregate number of sha","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["NQmain","CREV","BK4124"],"gpt_icon":0},{"id":"2509249079","title":"BRIEF-Carbon Revolution Announces Receipt Of Extension From Nasdaq Stock Market","url":"https://stock-news.laohu8.com/highlight/detail?id=2509249079","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509249079?lang=en_us&edition=fundamental","pubTime":"2025-02-05 06:16","pubTimestamp":1738707406,"startTime":"0","endTime":"0","summary":"BRIEF-Carbon Revolution Announces Receipt Of Extension From Nasdaq Stock MarketFeb 4  - Carbon Revolution PLC CREV.O:CARBON REVOLUTION ANNOUNCES RECEIPT OF EXTENSION FROM NASDAQ STOCK MARKETSource text: [ID:n0001140361-25-002999]Further company coverage: CREV.O ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250204:nFWN3OV1D2:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4124","CREV"],"gpt_icon":0},{"id":"2509490679","title":"Carbon Revolution receives extension to regain compliance with Nasdaq","url":"https://stock-news.laohu8.com/highlight/detail?id=2509490679","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509490679?lang=en_us&edition=fundamental","pubTime":"2025-02-05 06:00","pubTimestamp":1738706445,"startTime":"0","endTime":"0","summary":"Carbon Revolution (CREV) announced that it received a letter from Nasdaq informing the company that Nasdaq has granted the company’s request for an...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/carbon-revolution-receives-extension-to-regain-compliance-with-nasdaq?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/carbon-revolution-receives-extension-to-regain-compliance-with-nasdaq?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4112","IE00B3QW5Z07.USD","NQmain","USAW.SI","IE00B64PRP62.GBP","BK4585","BK4124","NVIW.SI","IE00BGHQF748.EUR","BK4588","IE00BKPKM429.USD","SQQQ","PSQ","TQQQ","LU2210150020.SGD","LU2095319765.USD","NDAQ","QLD",".IXIC","MNQmain","LU2210149790.SGD","USJW.SI","QID","TSYW.SI","CREV"],"gpt_icon":0},{"id":"2509497117","title":"Carbon Revolution Announces Receipt of Extension From Nasdaq Stock Market","url":"https://stock-news.laohu8.com/highlight/detail?id=2509497117","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509497117?lang=en_us&edition=fundamental","pubTime":"2025-02-05 05:50","pubTimestamp":1738705815,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250204:nFWN3OV1D2:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["CREV","BK4124"],"gpt_icon":0}],"pageSize":4,"totalPage":8,"pageCount":1,"totalSize":32}]}}