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H2O Innovation Inc. (HEOFF) is a leading global water technology company providing customized water treatment solutions. With a focus on sustainable practices, H2O Innovation offers innovative products and services for water purification, desalination, and wastewater treatment. The company has a strong track record of delivering high-quality solutions to a diverse range of clients, including municipalities, industrial facilities, and commercial operations. H2O Innovation's commitment to excellence, combined with its dedication to environmental stewardship, sets it apart as a trusted leader in the water treatment industry.
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H2O Innovation Inc. (HEO) announces the completion of an acquisition by Ember SPV I Purchaser Inc., controlled by Ember Infrastructure Management, LP, of all issued and outstanding common shares for C$4.25 per share. The Corporation is excited to expand with the resources and expertise of Ember, aiming to accelerate organic growth and make strategic acquisitions. Ember sees an opportunity to support H2O Innovation in building a leading integrated water solutions company. The purchased shares have been remitted to TSX Trust Company and will be paid to former shareholders soon. The shares will be delisted from the Toronto Stock Exchange and Euronext Growth and withdrawn from OTCQX. H2O Innovation will cease to be a reporting issuer in all provinces of Canada.
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H2O Innovation Inc. (HEO) announces the final order for the acquisition by Ember SPV I Purchaser Inc., controlled by funds managed by Ember Infrastructure Management, LP, of all issued and outstanding common shares for C$4.25 per Share.
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H2O Innovation Inc. (HEO) shareholders have approved the acquisition by Ember SPV I Purchaser Inc. of all issued and outstanding common shares for C$4.25 in cash per share. The Arrangement was approved by approximately 99.03% of the votes cast by Shareholders. Completion is subject to customary conditions and is anticipated in Q4 2023.
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H2O Innovation Inc. (HEO) has announced the launch of a new transactional website for its Maple business line, allowing producers to purchase maple syrup equipment. The website will feature a comprehensive line of equipment and products for maple syrup production, including products from both H2O Innovation and Leader Evaporator. This move reflects the synergies between the two companies since Leader's acquisition in 2022, providing customers with an enhanced shopping experience and access to over 2,500 products. The website will continue to evolve to accommodate the Corporation's growth in the agri-food market.
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H2O Innovation Inc. (TSX: HEO) announces its Q1 fiscal year 2024 financial results, reporting a 5.7% revenue growth to $59.3M, a 25.5% gross profit margin, and a 37.2% increase in consolidated backlog to $249.8M. The company remains confident in its revenue growth target for FY2024 and its high-recurring revenue business model.
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H2O Innovation Inc. (HEO) Announces Relocation of O&M Offices to Expand Market Presence in Houston Area
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H2O Innovation Inc. announces the expiration of the 'go-shop' period for its acquisition by Ember SPV I Purchaser Inc. No superior proposal was received during the process. The Arrangement is subject to shareholder approvals and is expected to be completed in Q4 2023.
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H2O Innovation Inc. will release its financial results for Q1 of fiscal year 2024 on November 14, 2023, at 8:00 a.m. (EST). A conference call will be held at 10:00 a.m. (EST) on the same day, where the results will be presented. Financial analysts and investors are invited to attend. Dial-in numbers are 1-888-396-8049 or 416-764-8646.
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H2O Innovation Inc. announces an interim order issued by the Superior Court of Québec in connection with the acquisition of all outstanding common shares by Ember SPV I Purchaser Inc. for $4.25 per share. The corporation is authorized to hold a special meeting for shareholders to consider the arrangement. The meeting will be held on November 28, 2023, and completion of the arrangement is subject to shareholder approval.
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H2O Innovation announces meeting and record dates for special meeting of shareholders in connection with acquisition by Ember SPV I Purchaser Inc.
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FAQ
What is the market cap of H2O Innovation (heoff)?
The market cap of H2O Innovation (heoff) is approximately 281.6M.
What does H2O Innovation Inc. specialize in?
H2O Innovation Inc. specializes in providing customized water treatment solutions for a variety of clients.
Who are H2O Innovation Inc.'s primary customers?
H2O Innovation Inc. serves municipalities, industrial facilities, and commercial operations with their innovative water purification products and services.
What sets H2O Innovation Inc. apart in the water treatment industry?
H2O Innovation Inc. stands out for its commitment to sustainable practices and environmental stewardship, delivering high-quality solutions to meet the diverse needs of their clients.
How does H2O Innovation Inc. contribute to environmental sustainability?
H2O Innovation Inc. focuses on developing sustainable water treatment solutions that help reduce the environmental impact of water purification and wastewater treatment processes.
What is the global reach of H2O Innovation Inc.?
H2O Innovation Inc. is a global company, providing water treatment solutions to clients around the world.
Can H2O Innovation Inc. customize solutions for specific client needs?
Yes, H2O Innovation Inc. offers customized water treatment solutions tailored to meet the specific requirements of each client.
What industries does H2O Innovation Inc. serve?
H2O Innovation Inc. serves a wide range of industries, including municipal water treatment, industrial manufacturing, and commercial operations.
Is H2O Innovation Inc. involved in desalination projects?
Yes, H2O Innovation Inc. is involved in desalination projects, providing innovative solutions for seawater and brackish water treatment.
How does H2O Innovation Inc. ensure the quality of its products and services?
H2O Innovation Inc. maintains a strong focus on quality control and continuous improvement to ensure the reliability and performance of its water treatment solutions.
What recent achievements has H2O Innovation Inc. celebrated?
H2O Innovation Inc. has recently achieved milestones in developing cutting-edge water treatment technologies and expanding its global presence in the industry.
What financial condition is H2O Innovation Inc. in?
H2O Innovation Inc. has a stable financial condition, supported by its consistent growth and strategic investments in sustainable water solutions.
H2O Innovation Inc.