1414 Degrees (ASX:14D) has announced that all its directors are participating in a securities entitlement offer set to conclude on August 14, 2023.

Executive Chairman Dr. Kevin Moriarty said the uptake reflected the directors' belief in the company's potential, and commitment to shareholder value.

Staff members have also applied for securities under the entitlement offer.

1414 Degrees is providing shareholders with a chance to increase their investment, supporting the company's dedication to decarbonize high-temperature industrial heat, thereby contributing to the achievement of global net-zero goals.