Advanced waste to methanol systems
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HyOrc Files SEC Form 10 in preparation for Nasdaq uplist
Globenewswire· 2025-09-22 13:27
Core Insights - HyOrc Corporation has filed a Form 10 registration statement with the U.S. SEC, marking a significant milestone in its capital markets strategy [1][2] - The transition to a fully reporting SEC issuer is expected to enhance transparency, increase investor access, and facilitate the company's migration from the OTCID Market to the OTCQB Venture Market [2][3] - The company aims for a long-term goal of meeting the listing requirements for the Nasdaq Capital Market [2] Company Developments - The filing is part of HyOrc's strategy to strengthen governance and transparency, thereby opening new opportunities for institutional and retail investors [3] - Recent strategic progress includes a joint venture in Portugal to launch a national green methanol platform, projected to generate approximately €3.2 billion in revenues over ten years [3] - The transition to fully reporting status is believed to support the company's ability to fund and scale its clean energy projects [3] Company Overview - HyOrc Corporation specializes in developing and commercializing advanced waste to methanol systems and hydrogen engines for various sectors [4] - The company is backed by a growing patent portfolio and ISO-certified operations, with a mission to decarbonize hard-to-abate sectors without relying on subsidies [4] - As of now, HyOrc has 737 million shares issued and outstanding, with 26.30 million shares at DTC [4]
HyOrc Appoints Andrea Magalini to Board, Achieves Key ISO Certification
Globenewswire· 2025-06-25 10:44
Core Insights - HyOrc Corporation has appointed Andrea Magalini as a Non-Executive Director, bringing extensive experience in OEM leadership and industrial product commercialization [1][2] - The company is entering its commercialization phase, with a focus on scaling clean technologies and forming industrial partnerships [2][3] - HyOrc's R&D and manufacturing operations have achieved certifications under ISO 9001:2015, ISO 14001:2015, and ISO 45001:2015, affirming its commitment to operational excellence and environmental stewardship [3][6] Company Developments - The appointment of Andrea Magalini is seen as a significant step for HyOrc as it prepares for manufacturing ramp-up and global deployment [2][3] - HyOrc has filed a PCT application for its vertical combustor, expanding its global intellectual property coverage for its hydrogen engine platform [4] - The company aims to decarbonize hard-to-abate sectors without relying on subsidies, supported by a growing patent portfolio and ISO-certified operations [7] Operational Milestones - HyOrc's certifications represent a critical milestone, enhancing its appeal to strategic customers, EPC partners, and institutional investors [3] - The company has 728.19 million shares issued and outstanding, with 26.30 million shares at DTC [7]