OIC Funds Incremental Early Release of $5 Million to Carbon Revolution
Carbon Revolution Public Limited Company (CREV)
Company Research
Source: GlobeNewswire
GEELONG, Australia, April 11, 2024 (GLOBE NEWSWIRE) -- Carbon Revolution plc (Nasdaq: CREV) (the “Company”), a Tier 1 OEM supplier and the leading global manufacturer of lightweight advanced technology automotive carbon fiber wheels, today announced that it has reached an agreement with Orion Infrastructure Capital ("OIC") for an early release of US$5 million from the US$35 million in escrow under its previously announced Structured Equity Facility with OIC for up to US$110 million, on the terms and conditions summarised in the Company's filing with the SEC, which can be accessed here. In addition, the Company and OIC are engaging in ongoing negotiations with respect to the terms for the early release of all or a portion of the remaining US$30 million from escrow (there is no assurance that such negotiations will result in the release of any or all of those remaining funds on acceptable terms, if at all). Separately, and as announced on April 9, 2024, the Company achieved record r
Show less
Read more
Impact Snapshot
Event Time:
CREV
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CREV alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CREV alerts
High impacting Carbon Revolution Public Limited Company news events
Weekly update
A roundup of the hottest topics
CREV
News
- Carbon Revolution Wins Automotive News PACE AwardsGlobeNewswire
- Carbon Revolution Public Limited (NASDAQ: CREV) had its price target lowered by analysts at Craig Hallum from $84.00 to $39.00. They now have a "buy" rating on the stock.MarketBeat
- Carbon Revolution Announces Record Revenue Results for First Half 2024GlobeNewswire
- Carbon Revolution Sets Date for Fiscal First Half 2024 (6-Month Period Ending December 31, 2023) Earnings Release and Conference CallGlobeNewswire
- Carbon Revolution to Present at Emerging Growth Conference on Thursday, April 4, 2024GlobeNewswire
CREV
Sec Filings
- 4/11/24 - Form 6-K
- 2/21/24 - Form 6-K
- 2/14/24 - Form SC
- CREV's page on the SEC website