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Hyzon Motors Inc. (formerly NASDAQ: HYZN), the hydrogen truck manufacturer, has formally delisted from Nasdaq and is in the process of deregistering as a public company with the Securities and Exchange Commission (SEC). This move comes as the company faces financial difficulties and has approved a plan of dissolution.
Hyzon’s securities (Class A common stock and warrants) were suspended from trading on Nasdaq at the opening of business on January 30, 2025, after Nasdaq initiated delisting procedures. This determination by Nasdaq staff was based on, among other items, Hyzon’s previously announced Plan of Dissolution and associated public interest concerns.
Following the Nasdaq delisting, Hyzon expected to file a Form 25 (Notification of Removal from Listing) with the SEC and Nasdaq on or about March 4, 2025. The removal of the Common Stock and Warrants from Nasdaq would be effective 10 days after this filing.
The decision to delist and deregister was approved by Hyzon’s Board of Directors, citing significant costs associated with preparing and filing periodic reports with the SEC, as well as legal, audit, and other expenses related to being a public reporting company.
In March 2025, Hyzon announced that its stockholders had approved a plan of dissolution and an assignment proposal, paving the way for the company’s complete dissolution and asset transfer. This indicates a shift towards winding down operations rather than continuing as a publicly traded entity.
While the company had previously been exploring options for continued operation and funding, the formal delisting and deregistration confirm its move away from being a public company. Hyzon Motors was known for its focus on developing hydrogen fuel cell systems for commercial vehicles, aiming to provide zero-emission power for various industries.

Video courtesy of Escrow.com

Video courtesy of Escrow.com