Investors in Barrenjoey-backed Applied EV hit the eject button

Melbourne-based autonomous vehicle maker, Applied EV, welcomed a bevy of new investors onto its share registry in January, led by Barrenjoey Capital and National Reconstruction Fund. But now, some of its earliest shareholders want out.

Street Talk understands a handful of Applied EV shareholders have mandated Morgans Financial to pull together a secondary share sale. This has been done without management’s blessings.

Source: https://www.afr.com/street-talk/investors-in-barrenjoey-backed-applied-ev-hit-the-ejector-seat-20260520-p5zz16