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Fuel Cells Works, Bestpath, Chinese Hydrogen Vehicle Developer, to Merge With Aquaron Acquisition Corp

Bestpath, Chinese Hydrogen Vehicle Developer, to Merge With Aquaron Acquisition Corp

By | Investor News, News | No Comments March 28, 2023 | 5 min read March 28, 2023 | 5 min read

SHANGHAI and NEW YORK — Bestpath (Shanghai) IoT Technology Co., Ltd. (“Bestpath” or the “Company”), a pioneer in the technology and application of hydrogen fuel cell powered vehicles in China, and Aquaron Acquisition Corp. (“Aquaron”) (Nasdaq: AQU), a publicly traded special purpose acquisition company, today announced that they have entered into a definitive merger agreement (the “Merger Agreement”) that will result in Bestpath being operated under a holding entity named Bestpath Group Limited, an exempted company incorporated in Cayman Islands (“Pubco”) and plans to trade on the Nasdaq Stock Market (the “Proposed Transaction”). The Proposed Transaction reflects an initial equity value of approximately $1.2 billion.

Fuel Cells Works, First Hydrogen and Rivus, a Member of the UK Aggregated Hydrogen Freight Consortium ('AHFC'), Partner for LCV Trials

First Hydrogen and Rivus, a Member of the UK Aggregated Hydrogen Freight Consortium (‘AHFC’), Partner for LCV Trials

By | Canada, News | No Comments March 28, 2023 | 4 min read March 28, 2023 | 4 min read

Vancouver, British Columbia – First Hydrogen Corp. (TSXV: FHYD) (OTC Pink: FHYDF) (FSE: FIT) (“FIRST HYDROGEN” or the “Company“) partners with multi-award-winning fleet management provider and member of the UK Aggregated Hydrogen Freight Consortium, Rivus (“Rivus” https://www.rivusgroup.co.uk), to start operational trials with first-of-its-kind hydrogen-fuel-cell powered vehicle (FCEV).

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