General Motors Company acquires 11.4 million common shares of Hydrogenics from General Motors Corporation

摘要

General Motors Company has acquired ownership and control of 11,364,006 common shares of Hydrogenics Corp. from General Motors Corp. in connection with the sale of substantially all of the assets of General Motors Corp. under U.S. bankruptcy proceedings. This is the same stake which had previously been owned by GM since October 26,2001; the acquired shares represent approximately 12.3% of the issued and outstanding common shares of Hydrogenics. The acquired shares were originally issued to General Motors Corporation by Hydrogenics as consideration for entering into a master intellectual property agreement and a corporate alliance agreement with Hydrogenics.