Form 8-K · Current Report · Filed 2025-05-05
Chart Industries Announces Co-Investment Agreement with MSD Partners for HTEC Shares
On April 30, 2025, Chart Industries, Inc. entered into a Co-Investment Agreement with certain affiliates of MSD Partners, L.P. for the purchase of all shares of common stock in HTEC Hydrogen Technology & Energy Corporation from ISQ HTEC HoldCo Limited. The agreement includes a put option for MSD Partners and a call option for Chart Industries, as well as rights of first offer and first refusal. Additionally, certain previously disclosed agreements related to HTEC were terminated in connection with this transaction.
- Filer
- Chart Industries Inc. GTLS · NYSE
- Filed
- Accession
- 0001193125-25-112831
- CIK
- 0000892553
- Signal
- Medium impactIndustrials
- Source
- Official filing on sec.gov ↗
Items reported
Entry into a Material Definitive Agreement
Termination of a Material Definitive Agreement
Market reaction
Close before filing
$156.74
Next session
-3.5%
Since filing
+33.9%
Latest close
$209.90
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from GTLS reporting the same item, with the next session's move:
About Chart Industries Inc.
Chart Industries Inc. is a prominent manufacturing and engineering company with a focus on providing high-end equipment and solutions for the energy and industrial gas sectors. Specializing in cryogenic storage, distribution, and processing systems, Chart Industries plays a critical role in facilitating efficient and sustainable energy and gas operations worldwide. Its product portfolio includes equipment designed for liquefied natural gas (LNG) applications, industrial gases, and other specialty markets that require temperature-sensitive processing solutions. The company's operations significantly impact various industries, including clean energy, healthcare, and manufacturing, by enabling the safe and effective handling of cryogenic materials. Headquartered in Ball Ground, Georgia, Chart Industries is acknowledged for its commitment to innovation and quality, positioning itself as a key player in supporting the transition to cleaner energy sources and enhancing operational reliability and safety in critical industrial applications.
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