NOVONIX Announces Entry into Funding Agreement for up to US$100Million of Convertible Debentures

CHATTANOOGA, Tenn., July 23, 2025 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or the “Company”), a leading battery materials and technology company, announced today the entry into a definitive Funding Agreement to provide NOVONIX up to US$95,000,000, in exchange for the issue of up to US$100,000,000 of unsecured convertible debentures to Yorkville Advisors Global, LP (“Yorkville”). The proceeds from these convertible notes will provide additional capital for the continued build-out of our Riverside facility in Chattanooga, Tennessee.

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