Carbon Revolution Limited is an Australian technology company that specializes in the advanced manufacture of carbon fiber wheels for the automotive industry.
On October 31, 2022, Carbon Revolution received a request from the Australian Stock Exchange (ASX) to disclose the identity of the counterparty to the Non-Binding Letter of Intent relating to a potential merger with a North American listed special purpose acquisition company.
Carbon Revolution acknowledged that it should have complied with the request and will comply with the Listing Rules in the future.
Carbon Revolution provides its lightweight wheel technology to automotive manufacturers around the world.