- H2O Innovation (HEO) has received conditional approval to list its common shares on the Toronto Stock Exchange
- The company will also apply to voluntarily delist its common shares from the TSXV
- Final approval of the TSX listing is subject to customary conditions required by the stock exchange
- Upon listing on the TSX, H2O Innovation’s common shares will continue to trade under the symbol HEO
- H2O Innovation is a complete water solutions company
- Shares in H2O Innovation (HEO) are up 0.42 per cent, trading at $2.37 per share
H2O Innovation (HEO) has received conditional approval to list its common shares on the Toronto Stock Exchange.
This announcement comes after the company released its three-year strategic plan at its annual meeting in December. According to this new plan, the company will continue building out its businesses to enhance cross-selling opportunities, maximize customer synergies and retention, and improve operational efficiency.
The company also announced its first environmental, social and governance (ESG) plan, which addresses environmental problems related to water.
In connection with the TSX listing, the company will also apply to voluntarily delist its common shares from the TSX Venture Exchange, effective from the date that it commences trading on the TSX.
“The listing of our shares on the TSX will represent an important milestone for the corporation,” said H2O Innovation CEO Frédéric Dugré, “and will contribute to the achievement of the objectives of our 3-year strategic plan.”
Final approval of the TSX listing is subject to customary conditions required by the stock exchange.
The company has amended its stock option plan to meet TSX standards and expects to satisfy all the requirements of the TSX in the coming weeks.
“As one of only a few Pure-Water-Play companies, our listing on the TSX should enable us to attract a larger audience of investors interested in the water and ESG category,” said Mr. Dugré.
Upon listing on the TSX, H2O Innovation’s common shares will continue to trade under the symbol HEO.
H2O Innovation is a complete water solutions company focused on providing best-in-class technologies and services to its customers.
Shares in H2O Innovation (HEO) are up 0.42 per cent, trading at $2.37 per share as of 11:50 am EST.
