Hybrid Power Solutions Engages Sophic Capital for Capital Markets Services

Core Insights - Hybrid Power Solutions Inc. has appointed Sophic Capital as its capital markets services and investor relations partner to enhance investor awareness and communication strategies [1][2] - The partnership is expected to leverage Sophic Capital's established network to attract investment advisors and institutions, aligning with Hybrid's growth trajectory and increasing customer interest in its clean power solutions [2] - Hybrid Power Solutions focuses on developing fuel-free portable power systems for off-grid applications, emphasizing environmental responsibility and innovation in the clean energy sector [4] Group 1 - The agreement with Sophic Capital includes a monthly fee of $8,000 for an initial term of 12 months, along with options to purchase up to 1,030,000 common shares at a price of $0.04 per share [2] - The options will vest quarterly in four tranches of 257,500 shares each and will expire either 90 days after the termination of the engagement or on February 18, 2031 [2] - Sophic Capital specializes in capital markets strategies for growth companies, particularly in technology and clean technology sectors, making it a suitable partner for Hybrid [3] Group 2 - Hybrid Power Solutions is listed on the Canadian Securities Exchange under the symbol "HPSS" and is committed to leading the clean energy transition [4] - The company aims to benefit from increasing infrastructure activities across various industries, including construction, transportation, law enforcement, and defense [2] - The CEO of Hybrid Power Solutions, Francois Byrne, highlighted the strategic importance of this partnership at a critical growth juncture for the company [2]