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


Next Hydrogen Corporation and BioHep Technologies Ltd. Announce Execution of Definitive Agreement for Reverse Takeover Transaction and Concurrent Financing
Next Hydrogen Corporation; BioHep Technologies Ltd.
Mississauga, Ontario, CANADA
Not for distribution in the U.S. or to U.S. newswire services.
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 (“ ....

United States , United Kingdom , Canaccord Genuity , Brendan Wood , Biohep Amalco , Kasia Malz , Raveel Afzaal , Biohep Finco , Venture Exchange The , Thomson Reuters , National Bank Financial Inc , Hydrogen Corporation Next , University Of Waterloo , Hydrogen Next , Summary Financial Information Of Next Hydrogen , Echelon Wealth Partners Inc , Titanium Transportation Group Inc , Exchange Ratio , Company The Escrow Deadline , Td Securities Inc , Industrial Or Technology , Issuer Shares Is Disruptive Ventures Inc , Biohep Technologies Ltd , Hydrogen Solutions Inc , Hydrogen The Exchange Ratio , Next Hydrogen Corporation ,

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


Not for distribution in the U.S. or to U.S. newswire services.
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 ,