United H2 offering pre-IPO capital raise via VCEX
United H2 Ltd is offering a pre-IPO capital raise via VCEX for the first time, giving investors access to 37 hydrogen projects and enterprises.
UHL will immediately begin seeking a listing on a favorable exchange in the second half of 2023 in May 2023.
The Corporation is selling 10,000,000 fully paid ordinary shares at 10c to raise $1,000,000.
The financing may be oversubscribed due to UHL’s $1m investment interest.
This high-demand placement has limited shares, so get in fast.
UHL’s $20m valuation only includes 9 of the 37 firms and projects it owns, which is conservative considering their progress since independent auditors verified them. It anticipates the valuation to rise dramatically before the IPO.
UHL’s proven strategy has generated $650m in market capitalization over the past three years, putting it in a great position to become the world’s first hydrogen unicorn and the market leader in a sector expected to be worth US$201b by 2025.
Saarland’s Prime Minister wants hydrogen pipelines
Anke Rehlinger (SPD), the prime minister of Saarland, has urged the federal government to establish the prerequisites for the building of green hydrogen pipelines throughout the European Union. Rehlinger informed the “Tagesspiegel” that this is her “urgent appeal” (Thursday edition).
“The federal government must take a stance in Europe clearly.” “Hydrogen is not, as some say, the champagne of the business, but table water,” the SPD politician continued. We must make sure it gets to the right place. She thought “something companies can rely on” would be a crucial inducement.
Hydrogen technology is intended to play a significant part in the development of the state’s economy toward climate neutrality, according to the SPD-led state administration.
H2X hires team for their London Stock Exchange IPO
A planned public offering on the London Stock Exchange is the end result of a joint engagement letter that H2X Global, BPC, Ince Group, Arden Partners, and Zeus Capital have signed. This is expected to happen in the second half of 2023.
According to H2X, Zeus Capital will serve as the lead manager for the planned initial public offering (IPO) on the London Stock Exchange, while Arden Partners will head up a pre-IPO round scheduled to begin in late April 2023.
H2X is well-positioned to provide a sizable liquidity event with over $50 million in orders for its ground-breaking hydrogen-powered vehicles around the globe and a projected $819 million in orders by December 2024.
