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Acrux Limited (ASX:ACR)

ALERT: Price-sensitive ASX Announcement for ACR
Current share price for ACR : $0.012 -0.002 (-11.54%)+
Announcement
Release
4 Sep 2025 8:24AM
Price at Release
$0.013
Full Release
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Summary
Acrux Limited has received an R&D Tax Incentive rebate of $3.04 million for the fiscal year 2025 from the Australian Tax Office. This rebate demonstrates the company's commitment to investing in research and development in Australia, as well as the Australian government's support for a future driven by local scientific advancements. The rebate has allowed Acrux to repay in full the short-term funding facility provided by Radium Capital.
Key Points
  • Acrux Limited announced receiving a $3.04 million R&D Tax Incentive rebate for FY25.
  • The rebate was issued by the Australian Tax Office.
  • Acrux repaid the short-term funding facility from Radium Capital.
  • The RDTI reflects Acrux's commitment to Australian R&D investment.
  • The rebate aligns with the government's vision for science-driven economic growth.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.