CPV Price sensitive 23 Jun 2026, 9:35 AM

Capital Raising Update

Clearvue Technologies Ltd

ClearVue Technologies Ltd Capital Raising Update

Key points

  • 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.

Full summary

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.

Guidance

ClearVue Technologies Ltd raised $6.25 million through capital raising.

Outlook

ClearVue Technologies Ltd is confident in its strategy and long-term prospects.

Summary generated by a large language model. Please interpret with care.

Sign in for more about this company, including guidance changes and other insights.
Sign in