$337k At-The Market Raise, $409k Secured Loan
| Stock | Clearvue Technologies Ltd (CPV.ASX) |
|---|---|
| Release Time | 30 Jun 2025, 9:52 a.m. |
| Price Sensitive | Yes |
$337k At-The Market Raise, $409k Secured Loan
- ClearVue raises $337,400 through At-The Market facility with Alpha Investment Partners
- ClearVue secures $409,174 short-term secured loan from Radium Capital
- Funding to support global commercialization and maintain business continuity
ClearVue Technologies Ltd (ASX:CPV) has announced that it has raised $337,400 (before costs) through its At-The Market (ATM) Funding Facility with Alpha Investment Partners. The company has issued 2,000,000 fully paid ordinary shares to Alpha at an issue price of $0.1687 per share. This brings the total number of shares issued to Alpha under the ATM facility to 20 million. In addition, ClearVue has secured a short-term secured loan of $409,174 from Radium Capital, which is secured by the R&D rebate the company expects to receive in 2025. The CEO, Martin Deil, stated that the funding will support the company's global commercialization efforts and maintain business continuity, while preserving the option to undertake larger capital raising initiatives when market conditions are more favorable. The company continues to progress its international pipeline, with around 45 qualified project opportunities. ClearVue is focused on the commercialization of its patented solar glass technology, which allows energy generation from clear glass windows, making it unique in the market. The company aims to provide practical, actionable, and quantifiable net-zero or near-net-zero energy solutions, offering environmental, social, and shareholder benefits over the medium to long term.
ClearVue continues to progress its international pipeline with around 45 qualified project opportunities as it prepares for global commercialization. The company believes it is prudent to avoid material equity dilution at current valuation levels and is using diversified funding strategies, including secured debt facilities, to support ongoing operations and maintain flexibility.