The SEC’s grievance additionally named Craig Knight, former CEO and a former director, and Max C.B. Holthausen, a former managing director of Hyzon Motors Europe B.V.
Knight and Holthausen additionally individually consented to the entry of ultimate judgments resolving the SEC’s allegations.
Knight, former CFO Mark Gordon, and a former director have voluntarily returned $252,000 and $122,500, respectively, to Hyzon regarding sure incentive compensation that the corporate beforehand paid them.
The investigation was beforehand reported by the corporate on its present report on Type 8-Okay on January 12, 2022, and up to date in its annual report on Type 10-Okay for the 12 months ended December 31, 2022 and its quarterly report on Type 10-Q for the quarter ended June 30, 2023.
