HYZON ANNOUNCES DELISTING FROM NASDAQ AND EXPECTED SEC DEREGISTRATION

Core Points - Hyzon Motors Inc. intends to delist its Class A common stock and publicly-traded warrants from the Nasdaq Stock Market, with a Form 25 expected to be filed around March 4, 2025 [1][3] - Following the delisting, the common stock may be traded on the OTC Markets Group Inc., although there are no guarantees for this transition [2] - The Board of Directors has decided to deregister the company with the SEC, believing that both delisting and deregistration serve the best interests of the company and its shareholders [3][4] Delisting Details - The delisting decision follows a determination letter from Nasdaq, which cited the company's previously announced Plan of Dissolution and public interest concerns [5] - The company's securities were suspended from trading on Nasdaq starting January 30, 2025, due to this delisting notification [5] Company Overview - Hyzon Motors specializes in high-performance hydrogen fuel cell technology aimed at providing zero-emission power for decarbonizing heavy-duty commercial vehicles and other demanding industries [6]