News & Updates

Apr 09, 2014
Hydrogenics Files Final Universal Shelf Prospectus

Mississauga, Ontario – April 9, 2014 – Hydrogenics Corporation (NASDAQ: HYGS; TSX: HYG), a leading developer and manufacturer of hydrogen generation and hydrogen-based power modules, today announced that it has filed a final short form base shelf prospectus with certain Canadian securities regulatory authorities and a corresponding registration statement on Form F-10 which has been declared effective by the U.S. Securities and Exchange Commission. The shelf prospectus will allow Hydrogenics to offer, from time to time over a 25-month period, up to US$100,000,000 of debt, equity and other securities.

The new base shelf prospectus and corresponding registration statement on Form F-10 replaces Hydrogenics’ current US$25,000,000 base shelf prospectus and corresponding registration statement on Form F-3. The new base shelf prospectus should provide Hydrogenics with greater flexibility to access the capital markets. 

Except as otherwise may be disclosed in a prospectus supplement relating to a particular offering, Hydrogenics currently intends to use the net proceeds received to fund current operations and potential future growth opportunities. Should Hydrogenics offer any securities, it will make a prospectus supplement available that will include the specific terms of the securities being offered and use of net proceeds derived from the offering.

Hydrogenics is not required to offer or sell all or any portion of the securities in the future and will only do so if market conditions warrant.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction.

A copy of the shelf registration statement, including the related prospectus, may be obtained from Hydrogenics by submitting a request to Investor Relations at 220 Admiral Boulevard, Mississauga, Ontario L5T 2N6, by telephone at (905) 361-3660 or by email at investors@hydrogenics.com or on the SEC’s website at www.sec.gov.

About Hydrogenics

Hydrogenics Corporation (www.hydrogenics.com) is a globally recognized developer and provider of hydrogen generation and fuel cell products and services, serving the growing industrial and clean energy markets of today and tomorrow. Based in Mississauga, Ontario, Canada, Hydrogenics has operations in North America and Europe.