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Next Hydrogen Corporation and BioHep Technologies Ltd. Announce Execution of Definitive Agreement for Reverse Takeover Transaction and Concurrent Financing – Padovanews

Next Hydrogen Corporation and BioHep Technologies Ltd. Announce Execution of Definitive Agreement for Reverse Takeover Transaction and Concurrent Financing – Padovanews
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Next Hydrogen Corporation and BioHep Technologies Ltd. Announce Execution of Definitive Agreement for Reverse Takeover Transaction and Concurrent Financing

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TORONTO, March 04, 2021 (GLOBE NEWSWIRE) Further to the press release dated December 21, 2020, Next Hydrogen Corporation (“
Next Hydrogen” or the “
Company“) and BioHep Technologies Ltd. (“
BioHep”), are pleased to announce that, further to their letter of intent dated December 21, 2020, Next Hydrogen and BioHep have entered into a definitive amalgamation agreement dated March 3, 2021 (the “
Amalgamation Agreement”), pursuant to which Next Hydrogen and a newly-formed subsidiary of BioHep will amalgamate to form a subsidiary of BioHep (“
Amalco”) and the shareholders of Next Hydrogen will receive common shares of BioHep (the “
Transaction”). Upon completion of the Transaction, it is the intention of the parties that BioHep (the “ ....

United States , United Kingdom , New Brunswick , Stanford University , Cornell University , Michael Stemp , Canaccord Genuity , Biohep Amalco , Jim Hinatsu , Kasia Malz , Raveel Afzaal , Allan Mackenzie , Brendan Wood , Donald Gordon , Biohep Finco , Walter Howard , Venture Exchange The , Thomson Reuters , Hydrogen Corporation Next , University Of Toronto , Hydrogen Next , Hydrogen Business Council Of Canada , Venture Exchange , Regulation Services Provider , Summary Financial Information Of Next Hydrogen , Titanium Transportation Group Inc ,