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ClearVue Technologies ( (AU:CPV) ) has shared an update.
ClearVue Technologies Limited has received a rebate of A$881,270.85 from the Australian Government under the Research and Development Tax Incentive program. The company used part of this rebate to repay a short-term loan of A$409,174 from Radium Capital, resulting in net proceeds of A$444,848.13. This financial maneuver not only strengthens ClearVue’s cash position but also underscores its commitment to innovation in solar technology for building applications, enhancing its industry positioning and potential appeal to stakeholders.
More about ClearVue Technologies
ClearVue Technologies Limited is an Australian technology company specializing in integrating solar technology into building façade and rooftop surfaces. Their advanced, patented glass technology allows for renewable energy generation while maintaining glass transparency, contributing significantly to reducing the operational carbon footprint of buildings. ClearVue’s solutions include vision glass, cladding, spandrel, balustrade, and skylight applications, playing a crucial role in achieving net zero buildings.
YTD Price Performance: -36.00%
Average Trading Volume: 403,727
Technical Sentiment Signal: Sell
Current Market Cap: A$48.89M
For a thorough assessment of CPV stock, go to TipRanks’ Stock Analysis page.