NOVONIX (ASX: $NVX) Announcement Overview

NOVONIX Limited (ASX: $NVX) has addressed the recent speculation regarding a potential capital raising. The company has clarified that it is not undertaking an equity capital raising at this time and has affirmed its robust capital position and compliance with ASX Listing Rule 3.1.

Executive Commentary

NOVONIX wishes to advise that it has considered its position and is not undertaking an equity capital raising at this time and that its capital position remains strong. We also confirm that we are in compliance with ASX Listing Rule 3.1.

Summary of NOVONIX Announcement

NOVONIX (ASX: $NVX) has firmly denied the recent speculation about a potential capital raising, emphasizing its current strong capital position and compliance with ASX Listing Rule 3.1. The company continues to focus on revolutionizing the global lithium-ion battery industry with innovative, sustainable technologies, high-performance materials, and more efficient production methods. With a prominent position in the electric vehicle and energy storage systems battery industry, NOVONIX is committed to powering a cleaner energy future. The announcement reflects the company's strategic decision to maintain its capital position and underscores its dedication to advancing battery technology and sustainable energy solutions.