BRIEF-Nel Resolves Dispute With Iwatani

- Nel ASA NEL.OL:

  • SAID ON SUNDAY, IWATANI, NEL, AND CAVENDISH HYDROGEN HAVE RESOLVED THEIR DISPUTE, RELATED LAWSUIT, INVOLVING IWATANI'S HYDROGEN FUELING STATIONS IN CALIFORNIA

  • SETTLEMENT AMOUNT FOR NEL IS USD 7.5 MILLION

  • SETTLEMENT ELIMINATES FURTHER LEGAL COSTS AND MITIGATES LITIGATION RISK IN THE US


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