Streetbeat News

CREV

Carbon Revolution Public Limited Ordinary Shares

https://www.carbonrev.com

Industry

Auto - Parts

Carbon Revolution Public Limited Company manufactures and sells carbon fibre wheels to original equipment vehicle manufacturers for the automotive industry worldwide. It also provides associated engineering services; and sells tools. The company was founded in 2007 and is based in Dublin, Ireland.

Open

2.75

Mkt cap

5.2M

Volume

15K

High

3.05

P/E Ratio

-0.13

52-wk high

22.34

Low

2.75

Div yield

N/A

52-wk low

2.00

Carbon Revolution plc (Nasdaq: CREV) has secured an additional $5 million from Orion Infrastructure Capital and $0.4 million from existing lenders, furthering their financial resources. This funding is part of a larger $25 million facility and a $60 million loan agreement.

Portfolio Pulse from

March 11, 2025 | 8:45 pm

Carbon Revolution plc (Nasdaq: CREV) has secured an additional $5 million from Orion Infrastructure Capital and $0.4 million from existing lenders, enhancing its financial position. This funding is part of a larger $25 million facility and a $60 million loan, respectively.

Portfolio Pulse from

January 24, 2025 | 1:15 pm

Carbon Revolution plc has secured a $25 million financing agreement with Orion Infrastructure Capital and existing lenders. The funds will be released in five $5 million tranches, with penny warrants issued to OIC and existing noteholders.

Portfolio Pulse from

December 23, 2024 | 10:45 pm

Carbon Revolution plc (Nasdaq: CREV) has secured the final release of $5 million from a $35 million facility by OIC. In return, the company issued a warrant to OIC for 2.5% of its outstanding shares.

Portfolio Pulse from

November 06, 2024 | 12:00 am

Carbon Revolution announced that OIC has released an additional $5M from a $35M escrowed facility, totaling $30M released so far. In return, Carbon Revolution issued a warrant to OIC for 2.5% of its outstanding shares.

Portfolio Pulse from Nabaparna Bhattacharya

September 06, 2024 | 10:37 am

Saia, Inc. (NASDAQ:SAIA) shares fell 18.6% after reporting worse-than-expected Q2 earnings and sales. Other notable movers include BurgerFi International, Inc. (NASDAQ:BFI) up 117.4% after a legal settlement, and DexCom, Inc. (NASDAQ:DXCM) down 40.7% due to disappointing Q2 revenue and weak FY24 guidance.

Portfolio Pulse from Avi Kapoor

July 26, 2024 | 5:26 pm

Carbon Revolution shares are trading higher after the company reported it has partnered with GM to provide carbon fiber wheels for the Chevrolet Corvette ZR1.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 2:19 pm

Carbon Revolution (NASDAQ:CREV) shares surged after announcing it will supply carbon fiber wheels for the new Chevrolet Corvette ZR1 by General Motors (NYSE:GM). The wheels feature a unique internal fiber architecture to meet GM's specifications. The 2025 Corvette ZR1, revealed by GM, boasts a twin-turbocharged V8 engine with over 1,000 horsepower.

Portfolio Pulse from Erica Kollmann

July 26, 2024 | 1:39 pm

Market-Moving News for July 26th: Carbon Revolution (CREV) teams up with GM to provide carbon fiber wheels for the Chevrolet Corvette ZR1, Windtree Therapeutics (WINT) withdraws its registration statement, and Coursera (COUR) shares rise after beating Q2 earnings estimates.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 12:22 pm

Shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT) surged 17.4% in pre-market trading after reporting better-than-expected quarterly earnings and sales. Other notable pre-market movers include Windtree Therapeutics, Inc. (NASDAQ:WINT) up 110.3%, BurgerFi International, Inc. (NASDAQ:BFI) up 83%, and DexCom, Inc. (NASDAQ:DXCM) down 37% due to weak revenue results.

Portfolio Pulse from Avi Kapoor

July 26, 2024 | 9:57 am

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