- Janus Energy, a subsidiary of Janus Electric, entered a binding R&D finance facility with Rockford RDF for AUD 2.8 million.
- Facility proceeds were received and used to repay an existing AUD 1.1 million loan from Rocking Horse Group.
- The facility provides about AUD 1.7 million in additional working capital ahead of an expected AUD 1.4 million R&D tax incentive refund from the ATO.
- Interest on the facility is 17% per annum, and the establishment fee is 1%.
- Repayment is due no later than April 30, 2027, and is expected to be repaid from the FY26 R&D tax incentive refund.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Janus Electric Holdings Ltd. published the original content used to generate this news brief on March 23, 2026, and is solely responsible for the information contained therein.