Clear Blue Technologies successfully completes balance sheet restructuring, positioning for long-term growth

From GlobeNewswire: 2025-04-09 14:08:00

Clear Blue Technologies International Inc. has successfully completed a balance sheet restructuring initiative, despite challenges from the global pandemic. The company has strengthened its position in Smart Power solutions, with a focus on telecom and IoT sectors. Clear Blue’s commitment to R&D has required significant capital investment, resulting in a higher debt component on its balance sheet. The company has restructured its financial position, working collaboratively with stakeholders, and is now positioned for long-term growth. The company has signed a comprehensive financing agreement with RE Royalties, including debt-to-equity conversion, royalty financing, and a term loan. Share consolidation will also take place to enhance financial flexibility.



Read more at GlobeNewswire: CORRECTION — Clear Blue Technologies Completes Balance