Occasion Begins at 9:00 AM EDT This Tuesday (July 25)

GEELONG, Australia–(BUSINESS WIRE)–$TRCA #CarbonFiber–Carbon Revolution Restricted (“Carbon Revolution” or the “Firm”), a Tier 1 OEM provider and a number one international producer of light-weight superior know-how carbon fiber wheels, in the present day introduced that CEO Jake Dingle will take part in a hearth chat hosted by IPO Edge and the Palm Seashore Hedge Fund Affiliation.

The Firm introduced in Nov 2022 that it had entered right into a definitive enterprise mixture settlement with Twin Ridge Capital Acquisition Corp. (“Twin Ridge” or “TRCA”) (NYSE: TRCA).

The occasion shall be moderated by IPO Edge Editor-in-Chief John Jannarone and Editor-at-Massive Jarrett Banks in a video session lasting roughly 60 minutes together with a Q&A with the viewers.

Throughout the occasion, Mr. Dingle will talk about:

• The massive addressable marketplace for the brand new disruptive know-how – offering vary extension for EVs via substantial weight financial savings, and enabling the bigger wheels required on new packages.
• The Firm’s robust IP moat with distinctive and guarded know-how and the way Carbon Revolution is years forward of the competitors.
• The Firm’s robust and numerous buyer relationships with main international automobile makers.
• The established pathway to scale and disruption with new manufacturing know-how driving capability progress and price per wheel discount.

About Jake Dingle

• Began at Carbon Revolution in 2008 as one of many preliminary buyers and founders
• Background in engineering, operations, technique and M&A inside Australian listed firms
• Former head of M&A and Company Growth for Goodman Fielder and has additionally held positions at, BCG, L.E.Ok. and Tenix Defence Techniques
• Mechanical Engineering diploma from RMIT with First Class Honours and an MBA from the Melbourne Enterprise Faculty (Deans Listing and Rupert Murdoch Fellow).

About Carbon Revolution

Carbon Revolution is an Australian know-how firm, which has efficiently innovated, commercialized and industrialized the superior manufacture of carbon fiber wheels for the worldwide automotive business. The Firm has progressed from single prototypes to designing and manufacturing light-weight wheels for automobiles and SUVs within the excessive efficiency, premium and luxurious segments, for the world’s most prestigious automotive manufacturers. Carbon Revolution is creating a major and sustainable superior know-how enterprise that provides its light-weight wheel know-how to automotive producers around the globe.

For extra info, go to carbonrev.com

Details about Proposed Enterprise Mixture

As beforehand introduced, Carbon Revolution Restricted (“CBR”, “Carbon Revolution” or the “Firm”) (ASX: CBR) and Twin Ridge Capital Acquisition Corp. (“Twin Ridge” or “TRCA”) (NYSE: TRCA) have entered right into a definitive enterprise mixture settlement and accompanying scheme implementation deed (“SID”) that’s anticipated to lead to Carbon Revolution turning into publicly listed within the U.S. by way of a sequence of transactions, together with a scheme of association. Upon closing of the transactions, the strange shares and warrants of the merged firm, Carbon Revolution plc (previously often called Poppetell Restricted), a personal restricted firm included in Eire with registered quantity 607450 (“MergeCo”), that may change into the mum or dad firm of the Firm and Twin Ridge, are anticipated to commerce on the Nasdaq in the US, and Carbon Revolution’s shares shall be delisted from the ASX.

Further Details about the Proposed Enterprise Mixture and The place to Discover It

This communication pertains to the proposed enterprise mixture involving CBR, TRCA, MergeCo, and Poppettell Merger Sub, a Cayman Islands exempted firm and wholly-owned subsidiary of MergeCo (“Merger Sub”). In reference to the proposed enterprise mixture, MergeCo has filed with the U.S. Securities and Alternate Fee (the “SEC”) a Registration Assertion on Kind F-4 (the “Registration Assertion”) and Modification No. 1 thereto, together with a preliminary proxy assertion of TRCA and a preliminary prospectus of MergeCo referring to the MergeCo Shares to be issued in reference to the proposed enterprise mixture. The Registration Assertion, as amended, is topic to SEC assessment and additional revision and isn’t but efficient. This communication isn’t an alternative choice to the Registration Assertion, the definitive proxy assertion/last prospectus, when obtainable, or some other doc that MergeCo or TRCA has filed or will file with the SEC or ship to its shareholders in reference to the proposed enterprise mixture. This communication doesn’t include all the data that must be thought of regarding the proposed enterprise mixture and different issues and isn’t meant to type the idea for any funding resolution or some other resolution in respect of such issues.

BEFORE MAKING ANY VOTING OR INVESTMENT DECISION, TRCA’S SHAREHOLDERS AND OTHER INTERESTED PARTIES ARE URGED TO READ THE PRELIMINARY PROXY STATEMENT/PROSPECTUS AND THE DEFINITIVE PROXY STATEMENT/ PROSPECTUS, WHEN IT BECOMES AVAILABLE, AND ANY AMENDMENTS THERETO AND ANY OTHER DOCUMENTS FILED BY TRCA OR MERGECO WITH THE SEC IN CONNECTION WITH THE PROPOSED BUSINESS COMBINATION OR INCORPORATED BY REFERENCE THEREIN IN THEIR ENTIRETY BEFORE MAKING ANY VOTING OR INVESTMENT DECISION WITH RESPECT TO THE PROPOSED BUSINESS COMBINATION BECAUSE THEY CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED BUSINESS COMBINATION AND THE PARTIES TO THE PROPOSED BUSINESS COMBINATION.

After the Registration Assertion, as amended, is said efficient, the definitive proxy assertion shall be mailed to shareholders of TRCA as of a report date to be established for voting on the proposed enterprise mixture. Moreover, TRCA and MergeCo will file different related supplies with the SEC in reference to the proposed enterprise mixture. Copies of the Registration Assertion, as amended, the definitive proxy assertion/ prospectus and all different related supplies for the proposed enterprise mixture filed or that shall be filed with the SEC could also be obtained, when obtainable, freed from cost on the SEC’s web site at www.sec.gov. As well as, the paperwork filed by TRCA or MergeCo could also be obtained, when obtainable, freed from cost from TRCA at www.twinridgecapitalac.com. TRCA’s shareholders might also acquire copies of the definitive proxy assertion/prospectus, when obtainable, with out cost, by directing a request to Twin Ridge Capital Acquisition Corp., 999 Vanderbilt Seashore Highway, Suite 200, Naples, Florida 60654.

No Supply or Solicitation

This communication is for info functions solely and isn’t meant to and doesn’t represent, or type a part of, a suggestion, invitation or the solicitation of a suggestion or invitation to buy, in any other case purchase, subscribe for, promote or in any other case get rid of any securities, or the solicitation of any vote or approval in any jurisdiction, pursuant to the proposed enterprise mixture or in any other case, nor shall there be any sale, issuance or switch of securities in any jurisdiction in contravention of relevant regulation. The proposed enterprise mixture shall be carried out solely pursuant to the Enterprise Mixture Settlement and Scheme Implementation Deed, in every case, filed as reveals to the Present Report on Kind 8-Ok filed by TRCA with the SEC on November 30, 2022, which comprises the complete phrases and circumstances of the proposed enterprise mixture. No supply of securities shall be made besides by way of a prospectus assembly the necessities of the Securities Act.

Individuals within the Solicitation of Proxies

This communication could also be deemed solicitation materials in respect of the proposed enterprise mixture. TRCA, CBR, MergeCo, Merger Sub and their respective administrators and government officers, underneath SEC guidelines, could also be deemed to be contributors within the solicitation of proxies from TRCA’s shareholders in reference to the proposed enterprise mixture. Traders and safety holders could acquire extra detailed info concerning the names and pursuits within the proposed enterprise mixture of TRCA’s administrators and officers within the Registration Assertion, TRCA’s filings with the SEC, together with TRCA’s preliminary public providing prospectus, which was filed with the SEC on March 5, 2021, TRCA’s subsequent annual reviews on Kind 10-Ok and quarterly reviews on Kind 10-Q. To the extent that holdings of TRCA’s securities by insiders have modified from the quantities reported therein, any such adjustments have been or shall be mirrored on Statements of Change in Possession on Kind 4 filed with the SEC. Data concerning the individuals who could, underneath SEC guidelines, be deemed contributors within the solicitation of proxies to TRCA’s shareholders in reference to the enterprise mixture shall be included within the definitive proxy assertion/prospectus referring to the proposed enterprise mixture, when it turns into obtainable. You could acquire free copies of those paperwork, when obtainable, as described within the previous paragraphs.

Ahead-Trying Statements

All statements aside from statements of historic details contained on this communication are forward-looking statements. Ahead-looking statements could typically be recognized by way of phrases similar to “consider,” “could,” “will,” “estimate,” “proceed,” “anticipate,” “intend,” “count on,” “ought to,” “would,” “plan,” “challenge,” “forecast,” “predict,” “potential,” “appear,” “search,” “future,” “outlook,” “goal” or different comparable expressions (or the unfavorable variations of such phrases or expressions) that predict or point out future occasions or developments or that aren’t statements of historic issues. These forward-looking statements embrace, however should not restricted to, statements concerning the monetary place, enterprise technique and the plans and aims of administration for future operations together with as they relate to the proposed enterprise mixture and associated transactions, pricing and market alternative, the satisfaction of closing circumstances to the proposed enterprise mixture and associated transactions, the extent of redemptions by TRCA’s public shareholders and the timing of the completion of the proposed enterprise mixture, together with the anticipated time limit of the proposed enterprise mixture and using the money proceeds therefrom. These statements are primarily based on varied assumptions, whether or not or not recognized on this communication, and on the present expectations of CBR’s and TRCA’s administration and should not predictions of precise efficiency. These forward-looking statements are offered for illustrative functions solely and should not meant to function, and should not be relied on by any investor as a assure, an assurance, a prediction or a definitive assertion of reality or chance. Precise occasions and circumstances are tough or inconceivable to foretell and will differ from such assumptions, and such variations could also be materials. Many precise occasions and circumstances are past the management of CBR and TRCA.

These forward-looking statements are topic to plenty of dangers and uncertainties, together with (i) adjustments in home and international enterprise, market, monetary, political and authorized circumstances; (ii) the shortcoming of the events to efficiently or well timed consummate the proposed enterprise mixture, together with the dangers that we are going to not safe enough funding to proceed via to completion of the Transaction, any required regulatory approvals should not obtained, are delayed or are topic to unanticipated circumstances that would adversely have an effect on the mixed firm or the anticipated advantages of the proposed enterprise mixture, or that the approval of the shareholders of TRCA or CBR isn’t obtained; (iii) the flexibility to keep up the itemizing of MergeCo’s securities on the inventory alternate; (iv) the shortcoming to finish any non-public placement financing, the quantity of any non-public placement financing or the completion of any non-public placement financing on favorable phrases; (v) the chance that the proposed enterprise mixture disrupts present plans and operations CBR or TRCA on account of the announcement and consummation of the proposed enterprise mixture and associated transactions; (vi) the chance that any of the circumstances to closing of the enterprise mixture should not glad within the anticipated method or on the anticipated timeline or are waived by any of the events thereto; (vii) the failure to appreciate the anticipated advantages of the proposed enterprise mixture and associated transactions; (viii) dangers referring to the uncertainty of the prices associated to the proposed enterprise mixture; (ix) dangers associated to the rollout of CBR’s enterprise technique and the timing of anticipated enterprise milestones; (x) the results of competitors on CBR’s future enterprise and the flexibility of the mixed firm to develop and handle progress, set up and preserve relationships with prospects and healthcare professionals and retain its administration and key workers; (xi) dangers associated to home and worldwide political and macroeconomic uncertainty, together with the Russia-Ukraine battle; (xii) the result of any authorized proceedings that could be instituted in opposition to TRCA, CBR or any of their respective administrators or officers; (xiii) the quantity of redemption requests made by TRCA’s public shareholders; (xiv) the flexibility of TRCA to challenge fairness, if any, in reference to the proposed enterprise mixture or to in any other case acquire financing sooner or later; (xv) the affect of the worldwide COVID-19 pandemic and governmental responses on any of the foregoing dangers; (xvi) dangers associated to CBR’s business; (xvii) adjustments in legal guidelines and rules; and (xviii) these elements mentioned in TRCA’s Annual Report on Kind 10-Ok for the yr ended December 31, 2022 underneath the heading “Threat Components,” and different paperwork of TRCA or MergeCo to be filed with the SEC, together with the proxy assertion / prospectus. If any of those dangers materialize or TRCA’s or CBR’s assumptions show incorrect, precise outcomes might differ materially from the outcomes implied by these forward-looking statements. There could also be extra dangers that neither TRCA nor CBR presently know or that TRCA and CBR presently consider are immaterial that would additionally trigger precise outcomes to vary from these contained within the forward-looking statements. As well as, forward-looking statements mirror TRCA’s and CBR’s expectations, plans or forecasts of future occasions and views as of the date of this communication. TRCA and CBR anticipate that subsequent occasions and developments will trigger TRCA’s and CBR’s assessments to vary. Nevertheless, whereas TRCA and CBR could elect to replace these forward-looking statements sooner or later sooner or later, every of TRCA, CBR, MergeCo and Merger Sub particularly disclaim any obligation to take action, except required by relevant regulation. These forward-looking statements shouldn’t be relied upon as representing TRCA’s and CBR’s assessments as of any date subsequent to the date of this communication. Accordingly, undue reliance shouldn’t be positioned upon the forward-looking statements.

Contacts

Traders

Traders@carbonrev.com

Media

Media@carbonrev.com