The Offering is expected to close on or about November 28, 2025, or on such other date(s) as the Company may determine, subject to receipt of all required regulatory and other approvals, including that of the TSX Venture Exchange.
The private placement is being led by Toronto based Smoothwater Capital Corporation which has a proven track record of investing its private capital in Canadian companies and successfully growing them into sustainable businesses on behalf of all stakeholders. Following closing of the Offering, Smoothwater is expected to be the largest shareholder of Next Hydrogen
