New H2X CEO Eyes Off IPO to Expand Production & Outlines Path to Profitability

Source: www.gulfoilandgas.com 2/15/2024, Location: Not categorized

H2X Global's new CEO, Antony Tolfts, has outlined his plans to go public on a stock exchange to finance production expansion so the company can meet its surplus in orders.

In the announcement, Antony outlined the belief that retrofitting existing vehicles using H2X's integrated hydrogen management technology, with established vehicle manufacturers, will play a key role in getting products to market.

Through this strategy, H2X says it believes it is well placed to accelerate deliveries during the first half of this year and move towards profitability.

As the founding shareholder of H2X, the United H2 Limited Team (UHL), is excited to see the hydrogen vehicle company take this critical step towards leveraging its industry-leading technology and global agreements to begin generating revenue and realise its full potential.

Given this, UHL is looking to sell a small parcel of H2X Global shares so it can be reinvested back into the growth of the overall Group.

UHL looks forward to being part of H2X’s journey as it becomes a worldwide provider of hydrogen vehicles.

If you are interested in getting involved with H2X, please reach out to UHL.


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