Intelligent Energy - back on the IPO trail

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Intelligent Energy is now planning again to IPO, following a failed reverse takeover of Dickie Walker Marine. Dickie Walker’s securities were delisted on August 17th after failing to achieve compliance with the NASDAQ SmallCap regulations, and hence the two companies are discussing a mutual release from the proposed acquisition.

Of particular interest is that the company claims to have developed a class-leading power to volume performance in excess of 2.5kW per litre for their PEM fuel cell.

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