June 30, 2010
Protonex Seeks Help On Going Private
Southborough fuel cell company Protonex Technology Corp. has hired a national investment bank to help it plot its financial course after it de-lists from the London Stock Exchange.
The company said it recently got shareholder approval to drop out of the exchange's AIM market. It said it will work with America's Growth Capital to capitalize on possible advantages of being a private company.
Protonex makes lightweight, high-performance fuel cell systems for military, commercial and individual use.
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