ROCHESTER, N.Y. — Hyzon Motors Inc. (NASDAQ: HYZN), a global supplier of zero-emission heavy-duty fuel cell electric vehicles (FCEVs), today announced that on March 31, 2023, the Nasdaq Hearings Panel granted Hyzon’s request for continued listing of its securities on The Nasdaq Capital Market until May 15, 2023, in order to allow Hyzon time to regain compliance with Nasdaq Listing Rule 5250(c)(1) (the “Periodic Filing Rule”).
The extension was granted following a hearing on March 16, 2023, in which Hyzon presented its comprehensive plan to regain compliance and requested the continued listing of its securities on The Nasdaq Capital Market pending such compliance.
The extension is subject to the condition that on or before May 15, 2023, Hyzon Motors will file all delinquent reports with the U.S. Securities and Exchange Commission (SEC), in compliance with the Periodic Filing Rule.
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About Hyzon
Hyzon is a global supplier of fuel cell electric mobility, with US operations in the Rochester, Chicago and Detroit areas, and international operations in the Netherlands, Australia, and China. Hyzon is an energy transition accelerator and technology innovator, providing end-to-end solutions in the transport sector with a focus on commercial vehicles and hydrogen supply infrastructure. Utilizing its proven and proprietary hydrogen fuel cell technology, Hyzon’s mission is to supply zero-emission heavy duty trucks to customers in North America, Europe and around the world to mitigate emissions from diesel transportation – one of the single largest sources of carbon emissions globally. The Company is contributing to the adoption of fuel cell electric vehicles through its demonstrated technology advantage, fuel cell performance and history of rapid innovation. Visit www.hyzonmotors.com.
SOURCE: Hyzon Motors Inc.
