Business News • MarketWire • Fuzhou Bonded Zone Hejili Equity Investment Limited Partnership Acquires Common Shares of Hydrogenics Corporation |
Fuzhou Bonded Zone Hejili Equity Investment Limited Partnership Acquires Common Shares of Hydrogenics Corporation |
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Fuzhou Bonded Zone Hejili Equity Investment Limited Partnership Acquires Common Shares of Hydrogenics Corporation
MISSISSAUGA, ONTARIO--(Marketwired - June 27, 2017) - Today, Fuzhou Bonded Zone Hejili Equity Investment Limited Partnership ("Hejili") acquired 2,682,742 common shares ("Common Shares") in the capital of Hydrogenics Corporation (the "Corporation") pursuant to a subscription agreement (the "Subscription Agreement") dated April 27, 2017 between the Corporation and Hejili. The Common Shares were acquired pursuant to a non-brokered private placement for an aggregate purchase price of US$21,000,000, representing a price per Common Share of US$7.827811992. The Common Shares acquired by Hejili represent approximately 17.6% of the Corporation's current issued and outstanding Common Shares, after giving effect to the issuance of the Common Shares to Hejili.
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