spin off

HPQ Silicon Taps Open Markets to Spin Out North American Battery Business, Eyes Major US Listing

HPQ Silicon has signed a strategic consulting agreement with Open Markets L.L.C-FZ to establish its North American battery operations as a standalone company under the working name Project ENDURA. The spin-out aims to secure third-party financing, assemble a full management team and board, and evaluate a potential future listing on a major US exchange.