Marshall Browning announces a 56 million Euro Pre IPO Private Placement for H20 Technologies

With an aim for an Initial Public Offering in the 2nd to 3rd Quarter 2010 H20 Technologies is seeking 56 million Euros in a pre - ipo financing arrangement with boutique venture capital firm Marshall Browning in Japan.

FOR IMMEDIATE RELEASE

PR Log (Press Release) – Nov 09, 2009 – Marshall Browning has announced today that they have entered into definitive agreements with H20 Technologies to raise 56 million Euros via the sale of 9.3 million shares of H20 Technologies common stock in a pre-ipo equity financing deal prior to a public listing on either the Nikkei in Japan or the Hang Seng in Hong Kong in the 2nd/3rd quarter of 2010.

Proceeds from the financing will be used primarily for the continuation of development of H20 Technologies advanced carbon nanotube membranes and in preparation for global product commercialization.

H20 Technologies is a Taiwanese company that specialises in advanced water purification processes, primarily in the desalination sector.

# # #

About Marshall Browning:

Based in Osaka, Japan, Marshall Browning Venture Capital partners is a venture capital firm that invests time, expertise, and money in seed and early-stage technology companies. Backed by several of Asia's largest institutional investors, Marshall Browning focuses on Asia's new technology and energy technology clusters.

To embed this press release, copy and paste the following HTML code into your webpage-

# # #

+ Share This

+ Embed This

Click to see PDF Version of this Press Release

Email to a Friend Previous News Next News

Email Contact	:	Click to email (Partial email = @marshallbrowning.com)
Issued By	:	Ms. Mai Watanabe
Phone	:	+813 4578 9003
Fax	:	+816 6537 1511
City/Town	:	Osaka
State/Province	:	Osaka
Zip	:	550-0002
Country	:	Japan
Categories	:	Venture Capital
Tags	:	marshall browning, h20 technologies, pre-ipo, private placement, venture capital
Last Updated	:	Nov 09, 2009
Shortcut	:	http://prlog.org/10406005

Disclaimer: Issuers of the press releases are solely responsible for the content of their press releases. PRLog.Org can't be held liable for the contents of the press releases. Report Abuse

Marshall Browning announces a 56 million Euro Pre IPO Private Placement for H20 Technologies

Upcoming Press Releases...