Clean Power Capital (NEO: MOVE) (FWB: 2K6) (OTC: MOTNF) will officially be changing its name to PowerTap Hydrogen Capital Corp; the change will be effective beginning June 14, 2021. The company’s stock symbol on the NEO Exchange — MOVE — will not change. The name change is being made in conjunction with the company’s transition from being an investment company to becoming a single-purpose hydrogen fueling company. As part of the change, the company will be redeploying its assets and resources to being a single-purpose hydrogen fueling technology company as well. These changes bring Clean Power Capital in alignment with its wholly owned subsidiary, PowerTap Hydrogen Fueling Corp. PowerTap is focused on the development of P3.0 hydrogen fueling units. “With the company’s main focus on the hydrogen fueling technology sector, the name change to PowerTap Hydrogen Capital is an important choice to clarify our strategy and identity for the market,” said Clean Power CEO Raghu Kilambi in the press release. “We are excited to reveal our re-branding, which more accurately reflects our focus and vision to become a leader in the delivery and dispensing of hydrogen fuel to motor vehicles in the most cost-efficient manner for consumers.”
To view the full press release, visit https://ibn.fm/TcqqT
About Clean Power Capital Corp.
Clean Power Capital Corp., through its wholly owned subsidiary, PowerTap Hydrogen Fueling Corp., is focused on installing hydrogen production and dispensing fueling infrastructure in the United States. PowerTap’s patented solution has been developed over 20 years. PowerTap is now commercializing its third-generation blue hydrogen product, which will focus on the refueling needs of the automotive and long-haul trucking markets that lack hydrogen fueling infrastructure. There are currently fewer than 100 operational, publicly available hydrogen stations in the United States, with most of the existing stations purchasing industrial hydrogen from industrial manufacturers and shipping hydrogen to individual stations via tanker trucks. For more information about the company, please visit www.CleanPower.Capital.
NOTE TO INVESTORS: The latest news and updates relating to MOTNF are available in the company’s newsroom at https://ibn.fm/MOTNF
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