Ballard Files Base Shelf Prospectus to Replace Existing Shelf Prospectus
VANCOUVER, BC, June 12, 2025 /PRNewswire/ – Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) has announced the filing of a final short form base shelf prospectus dated June 11 (the “Prospectus“) in each of the provinces and territories of Canada together with a corresponding shelf registration statement on Form F-10 (the “Registration Statement“) with the United States Securities and Exchange Commission (the “SEC“). The Prospectus qualifies the issuance of common shares, preferred shares, warrants to purchase common shares, debt securities and units comprised of one or more of any of the foregoing securities (all of the foregoing collectively, the “Securities“) from time to time over a 25-month period.
Ballard has filed the Prospectus and Registration Statement to maintain financial flexibility but has no present intentions to undertake an offering of Securities. There is no certainty any Securities will be offered or sold under the Prospectus and/or Registration Statement within the 25-month effective period.
Should Ballard decide to offer Securities during the 25-month effective period, terms of future offerings, the intended use of the net proceeds resulting from such offerings, and the terms of the Securities to be offered, if any, will be established at the time(s) of any such offerings and will be described in a prospectus supplement filed with applicable Canadian securities regulators and/or the SEC, respectively.
The Prospectus replaces Ballard’s previous short form base shelf prospectus dated May 9, 2023, which expired on June 9, 2025.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these Securities, in any jurisdiction in which an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
READ the latest news shaping the hydrogen market at Hydrogen Central
Ballard Files Base Shelf Prospectus to Replace Existing Shelf Prospectus, source
