Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
An announcement from Hynion AS Class A ( (DE:36R) ) is now available.
Hynion AS, which had previously indicated that its board intended to file for bankruptcy, is facing heightened governance turmoil after an extraordinary board meeting called to address the company’s acute financial situation failed to take place because the other board members and the CEO did not attend. In response, the chairman has alerted the board and management to the need for immediate action to handle the crisis and has simultaneously resigned as chairman and board member with immediate effect, citing the company’s situation and the lack of proper board function, underscoring deep uncertainty around the company’s ability to manage its ongoing bankruptcy process and operational future.
More about Hynion AS Class A
Hynion AS operates in the hydrogen energy and fuel infrastructure sector, focusing on the development and operation of hydrogen refuelling stations and related services aimed at supporting zero-emission transport solutions in its core markets.
YTD Price Performance: 11.76%
Average Trading Volume: 2,528,792
Current Market Cap: NOK14.71M
For a thorough assessment of 36R stock, go to TipRanks’ Stock Analysis page.