Hydrogen Utopia International PLC (GB:HUI) has released an update.
Hydrogen Utopia International PLC (HUI) CEO Aleksandra Binkowska has initiated a non-recourse personal loan facility of up to £3 million, providing £500,000 as the first tranche to support the company’s working capital and avoid dilutive equity fundraising. The loan, secured against 12.97% of her company shares, is aimed at advancing HUI’s mission to convert non-recyclable plastic into hydrogen and other clean fuels. The move underscores Binkowska’s commitment to HUI’s technology and financial stability in a challenging market.
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