Welcome to our dedicated page for Carbon Revolution Public news (Ticker: CREV), a resource for investors and traders seeking the latest updates and insights on Carbon Revolution Public stock.
Carbon Revolution Public Ltd. Co. reports developments tied to its role as a Tier 1 OEM supplier of lightweight advanced-technology automotive carbon fiber wheels. Company updates center on operating and financial results, funding arrangements, material agreements, and capital-structure disclosures involving ordinary shares, warrants, debt and structured equity financing.
Recent company news also covers Nasdaq listing compliance, Form 20-F reporting status, going-concern-related financial updates, and the suspension of the company’s securities from Nasdaq following a delisting determination. These items frame Carbon Revolution’s public disclosures around manufacturing operations, financing capacity, security status and governance obligations.
Carbon Revolution (OTC:CREVF) is in advanced discussions to complete a strategic transaction or secure additional funding. The company said certain secured lenders may convert debt into equity of Carbon Revolution or its subsidiary, potentially becoming all or a substantial majority of outstanding equity.
Such a conversion is expected to materially and substantially impair the value of existing ordinary shares. Execution depends on intercreditor negotiations, timing and satisfaction of conditions. The company expects to announce transaction terms and an implementation timetable within the next several weeks.
Carbon Revolution (Nasdaq: CREV) received a Nasdaq delisting determination after the Nasdaq Hearing Panel denied its request for continued listing under Rule 5550(b) and Rule 5250(c)(1).
Nasdaq will suspend trading effective at the open on February 9, 2026. The company failed to file its Form 20-F for the period ended June 30, 2025 and did not provide required documentation showing ability to complete a strategic transaction by May 5, 2026. A separate notice showed MVPHS was below the $15,000,000 minimum for 30 consecutive business days through February 3, 2026. The company does not intend to appeal.
Carbon Revolution (Nasdaq: CREV) received a Nasdaq Listing Qualifications denial for continued listing due to non-compliance with Listing Rule 5550(b) (minimum shareholders' equity) and failure to file its Form 20-F for the period ended June 30, 2025, violating Rule 5250(c)(1).
Nasdaq will suspend trading effective at the open on November 17, 2025 and intends to file a Form 25-NSE to remove the securities unless the company requests an appeal by November 13, 2025. The company plans to appeal to a Nasdaq hearings panel, seek a stay (which would extend suspension at least until November 28, 2025), and present a compliance plan tied to potential strategic and financing options. The company disclosed uncertainty about its ability to operate as a going concern and gave no assurance of securing financing or retaining its Nasdaq listing.
Carbon Revolution (Nasdaq: CREV) secured US$5.0 million today from Orion Infrastructure Capital as part of an up to US$7.0 million facility, with the remaining US$2.0 million subject to agreement and release no earlier than March 31, 2026. The funding included issuance of additional senior secured notes and penny warrants equal to 5.0% of shares outstanding. Interest PIK and principal repayment deferrals were agreed until July 2026 and January 2027, respectively.
The company also reported the early cancellation of two EV wheel programs, revised downward revenue forecasts, potential need for additional short-term funding, and ongoing Nasdaq compliance issues with a possible relief window to November 26, 2025.
Carbon Revolution (NASDAQ:CREV), a leading manufacturer of carbon fiber wheels, has secured the final $5 million release from Orion Infrastructure Capital (OIC), completing the full disbursement of their $25 million facility announced in December 2024. Additionally, existing noteholders from the $60 million PIUS loan have released the final $400,000 in reserves.
The company will issue penny warrants to OIC and existing noteholders representing 5% of outstanding shares. However, CREV has revised revenue forecasts downward due to declining wheel orders and expects to need additional funding within the next quarter due to revenue forecast reductions and delayed customer payments.
Carbon Revolution (NASDAQ:CREV), a leading manufacturer of automotive carbon fiber wheels, has received a non-compliance notice from Nasdaq for failing to file its interim financial information for the six-month period ended December 31, 2024 on Form 6-K.
The company has 60 calendar days to submit a compliance plan to Nasdaq. If accepted, Nasdaq may grant an extension of up to 180 calendar days until December 29, 2025, to regain compliance. Currently, the notice does not affect CREV's listing or trading status on Nasdaq.
Carbon Revolution (CREV) reported record financial results for fiscal 2024, with revenue reaching US$47.3 million, marking an 87% increase year-over-year. The growth was primarily driven by full production of the Range Rover Sport SV program and increased shipments for the Corvette Z06/E-Ray program.
However, the company posted a significant loss after income tax of US$146.4 million, compared to US$52.5 million in the previous year, including US$20.9 million in transaction costs and a US$68.0 million asset impairment charge. The company completed initial commissioning of its Mega-line, strengthened leadership with key appointments including Donald Hampton, Jr. as CEO, and launched programs with prestigious automotive brands like Chevrolet Corvette ZR1 and Lamborghini Temerario.
Carbon Revolution (Nasdaq: CREV), a Tier 1 automotive supplier and leading manufacturer of lightweight carbon fiber wheels, has scheduled its fiscal 2024 earnings conference call for May 15, 2025, at 8:00 A.M. Eastern time. The company will release its earnings report after market close on May 14 via Globe Newswire.
Investors can access the conference call through the company's website or by calling (877) 407-9716 (domestic) or (201) 493-6779 (international). A replay will be available from 3:00 PM ET on May 15 until 11:59 PM ET on May 29, 2025, through the company's website or by calling (844) 512-2921 (US) or (412) 317-6671 (international) with Access ID: 13753730.