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Charging Robotics ( (CHEV) ) has shared an update.
On June 8, 2025, Charging Robotics Inc. secured a $3.0 million credit facility with certain lenders, which can be drawn upon following the uplisting of its shares to a national securities exchange. The agreement includes a 12% annual interest rate and warrants for lenders to purchase 200,000 shares of common stock, exercisable upon uplisting and valid for five years. This financial maneuver is designed to support the company’s growth and strategic objectives, with repayment linked to future equity financing transactions. The issuance of warrants is exempt from U.S. registration requirements, indicating a focus on international investors.
More about Charging Robotics
Average Trading Volume: 132
Technical Sentiment Signal: Hold
Current Market Cap: $49.15M
For an in-depth examination of CHEV stock, go to TipRanks’ Stock Analysis page.