Hydrogen Refueling Solutions extends the subscription period for its capital increase

Hydrogen Refueling Solutions (HRS), a specialist in hydrogen refueling stations, is extending the subscription period for its capital increase until October 23, 2026. This decision stems from the administrative formalities required for the subscription by Arago Technologie. Initially set at €3.81 million, the amount is expected to reach €3.13 million following the withdrawal of an investor. The transaction will include €1.65 million in cash and €1.48 million in debt conversion.

These fundraising efforts, combined with the subscription of €0.5 million in bonds, will bolster HRS's cash position by €2.15 million until February 2027. HRS plans to extend this horizon through potential new orders and a sale-leaseback of its headquarters. Negotiations are underway for bank financing, tailored to the company's financial situation.