Loop Energy and H2 Portable announce merger to create hydrogen equipment company

Loop Energy Inc. and H2 Portable Power Corp Inc. have entered into an amalgamation agreement dated February 9, 2024, for a three-cornered amalgamation. The transaction includes a concurrent $15 million private placement to fund commercialization.

“The Transaction between Loop and H2P provides an unmatched platform to deliver hydrogen-enabled equipment across H2P and Loop’s existing and prospective customer bases.”loopenergy.com

• 1 source
• loopenergy.comLoop Energy and H2 Portable Announce Merger Transaction to Create Leading Hydrogen Industrial Equipment CompanyJim HeadFeb 12, 2024

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