Shaw and Partners is pleased to be appointed as Lead Manager to the proposed capital raising by Electriq Global Limited (unlisted).
The Company is proposing to raise approximately A$5.0 million by way of an Unlisted Convertible Bridging Note issuance issued at $1.00 per note.
Electriq Global Limited is an unlisted hydrogen company based in Israel with an Australian corporate structure. Hydrogen can be used to generate clean, zero emissions energy. Hydrogen’s main barrier to adoption is its safe and efficient storage and distribution (compressed hydrogen is dangerous and as a result is costly to store and transport efficiently).
Electriq Global has engineered a patented ‘coffee-pod’ like hydrogen technology that addresses the challenges posed by existing forms of hydrogen storage, offering practical, real-world solutions for hydrogen storage, transport, and usage.
The offer is available to Australian Sophisticated and Professional Investors only.
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