Shares of lithium-ion battery manufacturer Romeo Power Inc. traded 26% higher after the company reported it entered into a definitive agreement to be acquired by commercial EV truck maker Nikola Corp. in an all-stock transaction valued at $144 million.
Shares of Ozop Energy Solutions Inc. traded 23% higher after the company reported that H1/22 revenues are expected to be 285% higher versus the same period last year. The firm anticipates further sequential growth in H2/22.
Advent Technologies Holdings Inc.'s shares traded 245% higher after the fuel cell systems developer and components manufacturer advised it received official notification from the Greek State for the IPCEI Green HiPo Project. The firm is scheduled to receive an investment totaling €782.1 million ($829M) over a period of six years for a new hydrogen fuel facility to be constructed in Western Macedonia.
Shares of Texas-based LNG terminal operator NextDecade Corp. traded 31% higher after the company reported it executed a binding long-term, 20-year supply agreement with Guangdong Energy Group Natural Gas Co. Ltd.
Uranium explorers in Saskatchewan's Athabasca Basin have delivered a lot of shareholder value over the years with one simple formula for success: make a high-grade discovery during a period of robust uranium prices. With global energy supplies in question and uranium prices soaring, one junior is leveraging this formula to add pounds to an earlier discovery.