Australian hydrogen conglomerate United H2 Limited (UHL) has engaged TriPoint Capital Management to execute a dual listing strategy.
The deal involves plan to take UHL public on the Canadian Securities Exchange in Q4 CY23, followed by an IPO on the NASDAQ in Q4 CY24.
UHL expects this will accelerate its goal to deliver further liquidity so it can continue to grow its portfolio of 37 hydrogen companies and projects. Currently valued at $27m, UHL will invest the funds raised to progress its advanced companies and unlock the potential of projects currently not valued.
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