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Carbon Revolution reaches agreement with OIC funds for early release of $5M

Carbon Revolution has reached an agreement with Orion Infrastructure Capital for an early release of $5 million from the $35 million in escrow under its previously announced Structured Equity Facility with OIC for up to $110 million. In addition, the Company and OIC are engaging in ongoing negotiations with respect to the terms for the early release of all or a portion of the remaining $30 million from escrow.

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