Black Swan Graphene is consolidating its shares and securing a $6 million equity financing to bolster production capacity and commercial growth. The funds will be used for equipment upgrades, expanding staff, broadening distribution channels, and general corporate purposes.
Black Swan Graphene Announces Share Consolidation and Concurrent $6M Equity Financing to Power Capacity Expansion and Commercial Growth"). The Company intends to use the net proceeds from the Offering for the acquisition and installation of additional plant associated equipment to increase production capacity in Consett, United Kingdom; hiring of additional direct sales and operations staff; expanding distribution channels; and for general corporate purposes.
Black Swan continues to make significant strides in its commercialization efforts, including the expansion of its GEM strategy across diverse industries. With the expected rising demand and growing partnerships, the Company is on track to position itself as a global leader in graphene-enhanced materials.
Finance Graphene Investment Expansion Production Commercialization
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