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NOVONIX Secures Additional US$40M Convertible Debenture Tranche

8:54am on Tuesday 28th of October, 2025 AEDT Energy
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NOVONIX Secures Additional US$40M Convertible Debenture Tranche

8:54am on Tuesday 28th of October, 2025 AEDT
Key Points
  • Additional US$40 million tranche of convertible debentures approved by shareholders
  • Total funding agreement with Yorkville Advisors up to US$100 million
  • Previous drawdowns total US$57 million already completed
  • Funding supports expansion in battery materials and technology
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