Hyzon Motors ( (HYZN) ) has shared an update.
On January 31, 2025, Hyzon Motors announced an amendment to CFO Stephen Weiland’s employment agreement, offering him a special incentive to assist in the potential sale of the company’s intellectual property and intangible assets. His base salary will be reduced by 33% starting February 19, 2024, with compensation tied to the successful completion of a transaction yielding net proceeds of at least $500,000, potentially earning him a bonus based on the sale’s proceeds.
More about Hyzon Motors
Hyzon Motors Inc. operates in the automotive industry, specializing in hydrogen-powered commercial vehicles. The company focuses on developing and selling zero-emission hydrogen fuel cell-powered vehicles for commercial applications.
YTD Price Performance: -40.83%
Average Trading Volume: 437,124
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $4.97M
See more data about HYZN stock on TipRanks’ Stock Analysis page.