PowerTap Hydrogen Capital Corp MOTNF

Energy

PowerTap Hydrogen Capital Corp., through its wholly owned subsidiary, PowerTap Hydrogen Fueling Corp. (PowerTap), is focused on installing hydrogen production and dispensing fueling infrastructure in the United States. PowerTap is commercializing its blue hydrogen product, which is focused on the refueling needs of the automotive and long-haul trucking markets that lack hydrogen fueling infrastructure. PowerTap generates hydrogen on-site. It converts natural gas and city water into high-purity hydrogen directly at the point of use. PowerTap uses one of the smallest footprints in hydrogen generation to provide a hydrogen supply option, available within minimal lead times.

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PowerTap Hydrogen Capital Corp > PowerTap Considers Spinning Out Hydrogen Subsidiary Via SPAC

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Post by AwareInvestoron Oct 05, 2021 8:12am

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PowerTap Considers Spinning Out Hydrogen Subsidiary Via SPAC

PowerTap Hydrogen Capital this morning indicated that it has begun the process of undergoing a strategic review. Primarily, it appears the review pertains to whether or not the firm will elect to take one of its subsidiaries, PowerTap Hydrogen Fueling Corp, public via a special purpose acquisition corporation transaction.

https://thedeepdive.ca/powertap-considers-spinning-out-hydrogen-subsidiary-via-spac/

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