Capital Raising Update
| Stock | Clearvue Technologies Ltd (CPV.ASX) |
|---|---|
| Release Time | 23 Jun 2026, 9:35 a.m. |
| Price Sensitive | Yes |
ClearVue Technologies Ltd Capital Raising Update
- Total funds raised under the capital raising are now $6.25 million.
- Board and Management have committed to take up $0.4 million under the placement.
- Loan Funded Share Plan revised terms include a 24-month term and 4.81% interest rate.
ClearVue Technologies Limited has successfully completed a capital raising, raising a total of $6.25 million. This includes $5.25 million from the placement of fully paid ordinary shares and $1.0 million from the fully underwritten Share Purchase Plan (SPP). Additionally, the company's Board and Management have committed to take up an aggregate of $0.4 million under the placement. Participating directors have agreed to acquire up to 2,847,826 shares by utilizing a loan pool of $327,500 under the Company's existing Loan Funded Share Plan. The Board's participation reflects confidence in the company's strategy and long-term prospects.
ClearVue Technologies Ltd raised $6.25 million through capital raising.
ClearVue Technologies Ltd is confident in its strategy and long-term prospects.