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How Will NOVONIX’s US$100M Convertible Debenture Deal Fuel Its Tennessee Expansion?
9:12am on Thursday 24th of July, 2025 AEST
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How Will NOVONIX’s US$100M Convertible Debenture Deal Fuel Its Tennessee Expansion?
9:12am on Thursday 24th of July, 2025 AEST
Key Points
Upfront US$24.5 million tranche issued without shareholder approval
Additional US$35.5 million and US$40 million tranches subject to shareholder approval
Convertible debentures convertible into ordinary shares with capped dilution
Funding to accelerate Riverside facility and future Enterprise South site
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