NOVONIX Secures Up to $95 Million Through Convertible Notes Agreement

Yorkville agreed to provide the funding in two tranches

July 29, 2025

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NOVONIX, a battery materials and technology provider, entered into a definitive funding agreement with Yorkville Advisors Global (Yorkville) to secure up to $95 million. In exchange, the company is expected to issue up to $100 million of its unsecured convertible debentures to Yorkville under the terms of a multi-tranche funding agreement.

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