CFP Composites Limited (“the Company” or “CFP”) has developed patented ultra-thin, lightweight fireproof carbon fibre materials that can withstand temperatures of 2,000°C for several hours.

• Since 2018, CFP has been supplying its unique materials for fire-door systems, the tooling market, motorsport and transport applications.
• The Company now has multi-billion-dollar opportunities in global battery markets, including electric vehicles (EVs), Energy Storage and other transport applications.
• Compared to incumbent fire-resistant battery casings, CFP’s materials offer longer, safer escape times and their light weight offers EVs greater range per charge.
• CFP intends to provide its materials to Tier1 suppliers of thermal barrier solutions to global automotive and other Original Equipment Manufacturers (OEMs) who will have specified CFP materials.
• The Company is raising up to £10m from Tier 1 suppliers, OEMs and specialist VCs. An Advance Subscription Agreement (ASA) is being raised from existing shareholders as a bridge to completion.

• £500k Advance Subscription Agreement (ASA) as a bridge to a larger £10m corporate venture round.
• The ASA is an EIS-qualifying loan that converts at either: a 20% discount to the larger raise price or, if this is not completed within six months, £1.75 per share (£9.6m pre-money valuation).