Fuel cells: Ballard Power Systems buying Protonex for $30M
Green Car Congress
JUNE 29, 2015
Ballard is assuming and paying Protonex’s debt obligations at closing, currently estimated at approximately $4.4 million, and paying the balance of approximately $25.6 million through the issuance of 11.2 million Ballard shares. The number of Ballard shares to be issued is subject to adjustment based on the final debt obligations at closing.
Let's personalize your content