ClearVue Technologies Ltd. (AU:CPV) has released an update.
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ClearVue Technologies has raised $7.5 million through an institutional placement, attracting significant interest from Hong Kong investors as it plans to expand its operations in the US market. The funds will be used to enhance ClearVue’s infrastructure, support sales, and develop global delivery systems for its innovative solar glass technology. The placement was completed at a 21% discount to the recent closing price, with Bell Potter Securities Limited acting as the lead manager.
For further insights into AU:CPV stock, check out TipRanks’ Stock Analysis page.