1414 Degrees Raises Capital with 44 Million New Shares Issued to Lind Global Fund
1414 Degrees has returned to trading on the ASX following a significant capital raise involving 44 million new shares issued to US institutional investor Lind Global Fund II. This move marks a key step in the company’s ongoing funding strategy to support its renewable energy technologies.
- Immediate return to trading on ASX after suspension
- 44 million shares issued to Lind Global Fund II under existing agreement
- 35.7 million shares issued with shareholder approval, 8.3 million under placement capacity
- Funds expected to bolster development of silicon-based renewable energy solutions
- Shares to be quoted on ASX shortly after issuance
Return to Trading and Capital Injection
After a period of suspension, 1414 Degrees Ltd has announced the immediate resumption of trading on the Australian Securities Exchange. This follows the company’s receipt of a share subscription notice from US institutional investor Lind Global Fund II, LP, which will see the issuance of 44 million new shares. The capital raise is part of a previously disclosed agreement, underscoring 1414 Degrees’ ongoing efforts to secure funding for its innovative renewable energy technologies.
Details of the Share Issuance
The bulk of the shares, approximately 35.7 million, will be issued under shareholder approval granted at the company’s Annual General Meeting in November 2025. The remaining 8.3 million shares will be issued under the company’s existing placement capacity, in line with ASX Listing Rule 7.1. The shares are expected to be officially issued on 23 January 2026, with quotation on the ASX to follow shortly thereafter.
Strategic Implications for 1414 Degrees
This capital injection comes at a pivotal time for 1414 Degrees, which specialises in silicon-based energy storage and industrial decarbonisation technologies. Its flagship products, including SiBrick, SiBox, and the methane pyrolysis reactor SiPHyR, are designed to facilitate the transition to renewable energy by enabling efficient storage and high-temperature heat delivery. The funding will likely support the scaling of these technologies, including the commercial demonstration of the SiBox at the Aurora Energy Project near Port Augusta.
Investor Confidence and Market Outlook
The involvement of a New York-based institutional investor signals growing international confidence in 1414 Degrees’ technology and business model. While the share issuance will dilute existing holdings, it provides the company with much-needed capital to advance its projects and potentially accelerate commercialization. Market participants will be watching closely for updates on how these funds are deployed and the progress of pilot projects that validate the company’s innovative solutions.
Looking Ahead
With trading resumed and fresh capital in hand, 1414 Degrees is positioned to push forward in the competitive renewable energy technology sector. The company’s ability to convert its pilot successes into scalable commercial operations will be critical in the coming months.
Bottom Line?
1414 Degrees’ return to trading and capital raise set the stage for a crucial growth phase, but execution risks remain.
Questions in the middle?
- How will the new capital be allocated across 1414 Degrees’ technology portfolio?
- What impact will the share dilution have on existing shareholders’ value?
- When can investors expect operational milestones from the Aurora Energy Project and other pilots?
