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Sparc Technologies Strengthens Cash Position with R&D Funding Advance.

Sparc Technologies Limited (ASX: SPN) has obtained AU$680 thousand as an advance against its anticipated FY26 research and development tax refund, providing additional financial flexibility without diluting existing shareholders. The funding, arranged through Rockford Equity, is expected to support the company’s near-term commercialisation initiatives, particularly for its ecosparc product. Sparc’s ongoing innovation efforts have been consistently supported through government-backed R&D incentives, with the company receiving substantial tax refunds in recent years. This advance allows Sparc to access capital earlier, helping maintain momentum during a key development phase. The loan carries interest and will be repaid once the tax rebate is received, ensuring a structured financing approach. The company intends to use the proceeds to accelerate product deployment and continue supporting its hydrogenrelated projects, positioning itself for further growth and strategic progress in sustainable technology solutions.

 

 

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