AMCI Acquisition completed the merger with Advent Technologies in a $358m deal.

AMCI Acquisition, a special purpose acquisition company, completed the merger with Advent Technologies, an innovation-driven company in the fuel cell and hydrogen technology space, in a $358m deal. “Today is an important milestone for the entire Advent team as we continue on our mission to advance the development and manufacturing of our platform technology and unlock the hydrogen economy. Going forward, our new capital resources will enable us to accelerate product developments and our manufacturing of critical components for a diversified range of high-growth new energy markets. We have a proven business model and a technology that we believe represents the missing piece in fuel cells and advanced materials. I look forward to continuing our work to address the biggest challenges facing the hydrogen economy and am deeply proud of our team’s work in getting us to this point,” Vasilis Gregoriou, Advent CEO.