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HYZON ANNOUNCES PRICING OF $4.5 MILLION REGISTERED DIRECT OFFERING
Prnewswire· 2024-07-19 13:27
BOLINGBROOK, Ill., July 19, 2024 /PRNewswire/ -- Hyzon Motors Inc. (NASDAQ: HYZN) ("Hyzon" or the "Company"), a U.S.-based manufacturer and global supplier of high-performance hydrogen fuel cell systems focused on providing zero-emission power to decarbonize the most demanding industries, today announced that it has entered into a securities purchase agreement with certain institutional investors for the purchase and sale of 22,500,000 shares of its Class A Common Stock ("Common Stock") and warrants to purc ...
HYZON TO FOCUS ON CORE NORTH AMERICAN MARKETS AND REFUSE INDUSTRY AND STRATEGICALLY HALT NETHERLANDS AND AUSTRALIAN OPERATIONS
Prnewswire· 2024-07-08 10:31
Company to Continue Pursuit of New Capital and Adoption of Market-Leading Fuel Cell Technology in North America BOLINGBROOK, Ill., July 8, 2024 /PRNewswire/ -- Hyzon (NASDAQ: HYZN) (Hyzon or the Company), a U.S.-based manufacturer and global supplier of high-performance hydrogen fuel cell systems focused on providing zero-emission power to decarbonize the most demanding industries, today announced that after considering its options as well as completing its assessment of the challenging market conditions ac ...
Hyzon (HYZN) Shifts Focus to North America & Refuse Industry
ZACKS· 2024-06-25 14:30
Alongside efforts to secure funding, the company has hired PJT Partners as its financial advisor to oversee the capital-raising process through various transactions and explore strategic options, which might include selling the company or divesting its European and Australia/New Zealand businesses, among other possibilities. During this exploration, Hyzon will continue to focus on reducing costs and managing liquidity, potentially including workforce reductions or other strategic actions. Hyzon Motors Inc. ...
HYZON REALIGNING COMPANY STRATEGY TO FOCUS ON CORE NORTH AMERICAN MARKETS AND REFUSE INDUSTRY
Prnewswire· 2024-06-24 20:00
Company reviewing international markets for consolidation while advancing strategic alternatives assessment BOLINGBROOK, Ill., June 24, 2024 /PRNewswire/ -- Hyzon (NASDAQ: HYZN) (Hyzon or the Company), a U.S.-based manufacturer and global supplier of high-performance hydrogen fuel cell systems focused on providing zero-emission power to decarbonize the most demanding industries, today announced that after a comprehensive review of Hyzon's business operations, Hyzon has started realigning its strategic prior ...
After Plunging -12.92% in 4 Weeks, Here's Why the Trend Might Reverse for Hyzon Motors (HYZN)
zacks.com· 2024-05-16 14:36
A downtrend has been apparent in Hyzon Motors Inc. (HYZN) lately with too much selling pressure. The stock has declined 12.9% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround.How to Determine if a Stock is OversoldWe use Relative Strength Index (RSI), one of the most commonly used technical indicator ...
Hyzon Motors (HYZN) - 2024 Q1 - Earnings Call Presentation
2024-05-14 08:15
+ = + + + + + + May 13, 2024 2 Q1 2024 Highlights • Announced Joint Development Agreement with New Way Trucks, North America's largest private refuse manufacturer, and unveiled first hydrogen-powered refuse truck for U.S. market at Waste Expo in May; trials with major refuse collection fleets expected to begin summer 2024 • Cash & cash equivalents of $82.6 million on March 31, 2024 Hyzon Q1 2024 Earnings Forward Looking Statements Additional information on potential factors that could affect the financial r ...
Hyzon Motors (HYZN) - 2024 Q1 - Earnings Call Transcript
2024-05-14 08:14
Hyzon Motors Inc. (NASDAQ:HYZN) Q1 2024 Earnings Conference Call May 13, 2024 4:30 PM ET Company Participants Tom Cook - Managing Director, ICR Parker Meeks - CEO Stephen Weiland - CFO Conference Call Participants Craig Irwin - ROTH MKM Steven Fox - Fox Advisors Rob Wertheimer - Melius Research Operator Thank you for standing by. My name is Krista, and I will be your conference operator today. At this time, I would like to welcome everyone to the Hyzon First Quarter 2024 Earnings Conference Call. All lines ...
Hyzon Motors Inc. (HYZN) Reports Q1 Loss, Tops Revenue Estimates
Zacks Investment Research· 2024-05-13 22:31
Hyzon Motors Inc. (HYZN) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of a loss of $0.17. This compares to loss of $0.14 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 17.65%. A quarter ago, it was expected that this company would post a loss of $0.20 per share when it actually produced a loss of $0.19, delivering a surprise of 5%.Over the last four quarters, the company has surpassed ...
Hyzon and New Way Unveil North America's First Hydrogen Fuel Cell Refuse Truck at Waste Expo
Prnewswire· 2024-05-07 13:30
The Class 8 fuel cell-powered electric refuse collection vehicle heads next to Recology in California to showcase its zero-emissions and operational capabilitiesLAS VEGAS, May 7, 2024 /PRNewswire/ -- Hyzon (NASDAQ: HYZN), a U.S.-based, leading hydrogen fuel cell technology developer and global supplier of zero-emission powertrains and New Way Trucks, a privately held industry-leading refuse truck body manufacturer, are showcasing North America's first hydrogen fuel cell-powered electric refuse truck at Wast ...
Hyzon Applauds Final Treasury Regulations Impacting Tax Credits for Qualified Commercial Clean Vehicles
Prnewswire· 2024-05-06 11:30
BOLINGBROOK, Ill., May 6, 2024 /PRNewswire/ -- Today, Parker Meeks, Chief Executive Officer of Hyzon (NASDAQ: HYZN), a U.S.-based, leading hydrogen fuel cell technology developer and global supplier of zero-emission powertrains, issued the following statement in support of final regulations the U.S. Department of the Treasury recently released regarding federal tax credits for purchasing clean vehicles, including the up to $40,000 federal tax credit for purchasing qualified commercial clean vehicles. "I app ...