Carbon Revolution Issues Investor Presentation Ahead of Appearance at 14th Annual Craig-Hallum Alpha Select Conference
13 11월 2023 - 8:30PM
Carbon Revolution plc (Nasdaq: CREV) (“Carbon Revolution” or the
“Company”), a Tier 1 OEM supplier and a leading global manufacturer
of lightweight advanced technology carbon fiber wheels, today
announced that it has posted an investor presentation to its IR
site. The Company is also providing its share count and cash
position as of the close of its business combination and listing on
Nasdaq.
The Company is posting its investor presentation ahead of the
Craig-Hallum Alpha Select Conference in New York City on November
16, 2023, where CEO Jake Dingle and CFO Gerard Buckle will meet
with investors.
Carbon Revolution is providing its cash position and fully
diluted shares outstanding to address inconsistent reporting among
market data providers. Based on the Company’s closing price on
November 10, 2023 of $41 per share and 2.372 million fully diluted
shares outstanding (including approximately 1.875 million shares
currently outstanding and approximately 0.496 million shares
issuable upon exercise of the OIC warrant) at the close of the
business combination, Carbon Revolution had a market capitalization
of approximately $97.2 million on a fully diluted basis (or
approximately $76.9 million based upon shares currently
outstanding), compared to a $1.3 billion market capitalization as
reported on the CNBC website and mobile app. Further, as of the
close of the business combination, the Company had a cash balance
of $79.0 million (including $44.9m of restricted cash).
About Carbon Revolution plc
Carbon Revolution plc (Nasdaq: CREV) is the parent of Carbon
Revolution Limited, an Australian technology company, which has
successfully innovated, commercialized and industrialized the
advanced manufacture of carbon fiber wheels for the global
automotive industry. The Company has progressed from single
prototypes to designing and manufacturing lightweight wheels for
cars and SUVs in the high performance, premium and luxury segments,
for the world’s most prestigious automotive brands. Carbon
Revolution is creating a significant and sustainable advanced
technology business that supplies its lightweight wheel technology
to automotive manufacturers around the world.
For more information, visit carbonrev.com
Forward-Looking Statements
All statements other than statements of
historical facts contained in this communication are
forward-looking statements. Forward-looking statements may
generally be identified by the use of words such as “believe,”
“may,” “will,” “estimate,” “continue,” “anticipate,” “intend,”
“expect,” “should,” “would,” “plan,” “project,” “forecast,”
“predict,” “potential,” “seem,” “seek,” “future,” “outlook,”
“target” or other similar expressions (or the negative versions of
such words or expressions) that predict or indicate future events
or trends or that are not statements of historical matters. These
forward-looking statements include, but are not limited to,
statements regarding the financial position, business strategy and
the plans and objectives of management for future operations
including as they relate to the business combination and related
transactions, pricing and market opportunity and the use of the
cash proceeds of the business combination. These statements are
based on various assumptions, whether or not identified in this
communication, and on the current expectations of Carbon
Revolution’s management and are not predictions of actual
performance. These forward-looking statements are provided for
illustrative purposes only and are not intended to serve as, and
must not be relied on by any investor as a guarantee, an assurance,
a prediction or a definitive statement of fact or probability.
Actual events and circumstances are difficult or impossible to
predict and may differ from such assumptions, and such differences
may be material. Many actual events and circumstances are beyond
the control of Carbon Revolution.
These forward-looking statements are subject to
a number of risks and uncertainties, including (i) changes in
domestic and foreign business, market, financial, political and
legal conditions; (ii) the ability to maintain the listing of
Carbon Revolution’s securities on the stock exchange; (iii) the
failure to realize the anticipated benefits of the business
combination and related transactions; (iv) risks relating to the
uncertainty of the costs related to the business combination; (v)
risks related to the rollout of Carbon Revolution’s business
strategy and the timing of expected business milestones; (vi) the
effects of competition on Carbon Revolution’s future business and
the ability of the combined company to grow and manage growth,
establish and maintain relationships with customers and healthcare
professionals and retain its management and key employees; (vii)
risks related to domestic and international political and
macroeconomic uncertainty, including the Russia-Ukraine and
Israel-Hamas conflicts; (viii) the outcome of any legal proceedings
that may be instituted against Carbon Revolution; (ix) the ability
of Carbon Revolution to issue equity or to otherwise obtain
financing in the future; (x) the impact of the global COVID-19
pandemic and governmental responses on any of the foregoing risks;
(xi) risks related to Carbon Revolution’s industry; (xii) changes
in laws and regulations; and (xvii) those factors discussed in the
documents Carbon Revolution filed with the SEC, including the proxy
statement / prospectus relating to the business combination.
If any of these risks materialize or Carbon
Revolution’s assumptions prove incorrect, actual results could
differ materially from the results implied by these forward-looking
statements. There may be additional risks that Carbon Revolution
does not presently know or that Carbon Revolution currently
believes are immaterial that could also cause actual results to
differ from those contained in the forward-looking statements. In
addition, forward-looking statements reflect Carbon Revolution’s
expectations, plans or forecasts of future events and views as of
the date of this communication. Carbon Revolution anticipates that
subsequent events and developments will cause Carbon Revolution’s
assessments to change. However, while Carbon Revolution may elect
to update these forward-looking statements at some point in the
future, Carbon Revolution specifically disclaims any obligation to
do so, unless required by applicable law. These forward-looking
statements should not be relied upon as representing Carbon
Revolution’s assessments as of any date subsequent to the date of
this communication. Accordingly, undue reliance should not be
placed upon the forward-looking statements.
For further information, please
contact:
InvestorsInvestors@carbonrev.com
MediaMedia@carbonrev.com
Carbon Revolution Public (NASDAQ:CREV)
과거 데이터 주식 차트
부터 11월(11) 2024 으로 12월(12) 2024
Carbon Revolution Public (NASDAQ:CREV)
과거 데이터 주식 차트
부터 12월(12) 2023 으로 12월(12) 2024