Titan Hydrogen hires broker and legal team as it prepares pre-listing IPO
As governments worldwide commit billions of dollars in the race to meet their net-zero emissions targets, Australian renewable energy company Titan Hydrogen Ltd has engaged a broker and legal team to prepare its pre-listing IPO.
The company behind the patent-pending Titan fuel cell and fuel cell extender has appointed leading Sydney broker Barclay Pearce Capital (BPC) and legal team Hamilton Locke as it seeks a listing in Q2 of 2022.
BPC was the lead manager of the heavily oversubscribed multi-million dollar pre-IPO raising for green hydrogen pioneer Infinite Blue Energy. Fellow renewable energy play Verdant Earth Technologies also used BPC to manage its successful pre-IPO.
Titan Chairman David Vinson said the Titan Hydrogen team was delighted to be working with BPC as a key partner in its next phase of growth.
“BPC will assist us in accelerating our proof of concept trials to confirm the patent-pending technology will increase the efficiency of hydrogen fuel cells by up to 60%,” Mr Vinson said.
“We look forward to welcoming new shareholders into the company and having the support of investors focused on these new technologies.”
BPC Director of Corporate Finance Tim Wilson said the Titan Hydrogen appointment was an ideal fit for his firm and its values.
“Barclay Pearce are industry leaders in corporate finance for the next-generation green energy companies, which is why we’re so excited to be working with Titan Hydrogen,” Mr Wilson said.
“Their world-leading hydrogen fuel cell technology will be a critical component in assisting the decarbonisation of the trillion-dollar transportation industry as the world moves to net-zero by 2050.”
Meanwhile, Hamilton Locke has outlined the legal program for the listing, with the Titan team fully focussed on the Q2 2022 milestone.