Sparc Technologies announces placement to raise USD$1.5 million
Sparc Technologies has announced it has received firm commitments to raise A$2.25M (around USD$1.49 million) through a share placement.
Proceeds from the Placement will be used for supporting Sparc’s investment in Sparc Hydrogen, field trials and R&D programs to support product development and commercialization efforts for ecosparc®, R&D for sodium-ion batteries and other projects and General working capital.