Janus Electric gains on securing over $7 mln financing package

Janus Electric Holdings

23/10/2026 04:59

** Shares of Australia's Janus Electric JNS.AX rise as much as 5.4% to A$0.490, marking their biggest intraday pct gain since October 9
** Electric vehicle technology firm secures A$11 million ($7.72 million) in financing facilities from Commonwealth Bank of Australia CBA.AX 
** Says funding will support working capital needs and expansion of production capacity
** Adds facilities will help deliver orders, particularly in North America
** JNS largely flat so far this week
** YTD, stock up 763.6% 


($1 = 1.4255 Australian dollars)

 (Reporting by Subhalakshmi Dey in Bengaluru)
 ((Subhalakshmi.Dey@thomsonreuters.com;))