HydrogenPro's follow-on offering draws double the demand at 22.5M shares
What's the deal? Norwegian green hydrogen firm HydrogenPro said preliminary counting shows its subsequent share offering drew subscriptions for 22,536,100 shares — nearly double the up to 12,762,444 shares on offer at NOK 0.50 each. The subscription period closed July 20, 2026, with final allocation expected the next day.
Why now? The offering follows a stock exchange notice on July 13, 2026, and comes as a quick re-raise, tapping investor appetite while it is available. Payment from subscribers is due July 23, 2026.
What's the endgame? HydrogenPro, founded in 2013, makes high-pressure alkaline electrolysers and supplies large-scale green hydrogen plants. The follow-on gives smaller shareholders a chance to buy in at the set price and broadens the company's capital base.
Who's involved? The company appointed Clarksons Securities AS as manager for the offering, with Wikborg Rein Advokatfirma AS acting as legal counsel.
The signal: Demand at twice the shares offered points to steady investor interest in electrolyser makers, even as the green hydrogen sector works through a capital-intensive build-out.
Read more: Placera
Image credit: Generated with Gemini
