Shaw and Partners appointed as Sole Lead Manager to a pre-IPO capital raising by Electriq Global News09 Jul 2021

Shaw and Partners is delighted to be appointed as Sole Lead Manager and Bookrunner to a pre-IPO capital raising by Electriq Global Limited.

 

Electriq Global is seeking to raise a minimum $4 million with the ability to raise a further $1 million by way of an issue of fully paid ordinary shares to be issued at $0.16 per share.

 

In addition, the company will issue one free attaching option for every two Shares  with an exercise price of $0.20.

 

The offer is available to Australian resident Sophisticated and Professional Investor clients only. 

 

For more information please contact your Shaw and Partners Adviser.

 

Electriq is an unlisted hydrogen company based in Israel with an Australian corporate structure. Hydrogen, the most abundant element in the universe, can be used to generate clean, zero emissions energy. Hydrogen’s main barrier to adoption is its safe and efficient storage and distribution. However, compressed hydrogen is dangerous and as a result is costly to store and transport efficiently. Electriq has solved the safety issues by creating a dry, salt-like hydrogen fuel that is safe, efficient and economic to store, distribute and use.

 

 

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