![Hydrogenics: Chinese Investor Confirmed](https://i0.wp.com/www.h2-international.com/wp-content/uploads/2017/08/Hydrogenics-Stack-web-400x289.jpg?resize=400%2C289&ssl=1)
Hydrogenics: Chinese Investor Confirmed
Before the capital raise, a Chinese-based investor, Fuzhou Bonded Zone Hejili Equity, made a private placement to Hydrogenics (NASDAQ: HYGS) at a price that was 10 per cent above the average stock quote, meaning USD 7.83 per share. This has all the hallmarks of a good deal for Hydrogenics and shows the trust that the strategic investor has in its decision. Hejili paid USD 21 million for those shares (more…)