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09 Feb
13:19

Hyzon to go public via special purpose acquisition company merger

Hydrogen fuel cell heavy truck producer Hyzon Motors plans to list on the NASDAQ exchange via a business combination with Decarbonization Plus Acquisition Corporation, Kallanish learns from a company release.  The combination will free up $626 million for the company, primarily from a $400m stock offering at $10/share.  The proceeds from the combination will “full fund and accelerate Hyzon’s well-defined growth strategy in the hydrogen fuel …
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