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home / articles / HYZN - Why Hyzon Motors (HYZN) Stock Is Getting Hammered | Benzinga

HYZN - Why Hyzon Motors (HYZN) Stock Is Getting Hammered | Benzinga

Hyzon Motors Inc.

Hyzon Motors Inc (NASDAQ:HYZN) shares are trading lower by 49.7% to $0.14 during Friday’s session after the company announced a securities purchase agreement with institutional investors to sell 22.5 million shares of its Class A Common Stock and accompanying warrants.

The combined offering price is $0.20 per share and warrant, with the warrants exercisable at $0.30 per share and expiring in five years. The closing is expected around July 22. Hyzon plans to use the approximately $4.5 million ...

HYZN) Stock Is Getting Hammered>Full story available on Benzinga.com
Stock Information
Company Name: Hyzon Motors Inc.
Stock Symbol: HYZN
Market: NASDAQ
Website: hyzonmotors.com
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