- CEO
- Shachi Shah
- Full Time Employees
- 2
- Sector
- Basic Materials
- Industry
- Chemicals - Specialty
- Address
- 99 Wall Street New York City NY United States of America 10005
- IPO Date
- Feb 19, 2021
- Business
- Global Gas Corporation develops and supplies industrial gases with a focus on hydrogen and carbon recovery projects. Its core products and services include industrial gas production and supply for private and publicly funded hydrogen development projects, carbon capture and storage solutions, and supporting technologies for hydrogen infrastructure. The company targets energy, industrial, and environmental markets and operates primarily in North America with expanding interests in global hydrogen initiatives. Founded recently and headquartered in the United States, Global Gas Corporation positions itself within the emerging hydrogen economy and low-carbon energy sectors.
In the last two years, the company completed a significant business combination with Dune Acquisition Corporation, resulting in raising $4.4 million in gross proceeds to support development and operations. The company's shares were delisted from Nasdaq and currently trade on the OTCQB market under the symbols HGAS and HGASW. Global Gas Corporation has engaged in a forward purchase equity agreement with investors to bolster capital and sustain project development activities. Management has emphasized plans to raise additional equity capital to support strategic growth and development. The company also acknowledges liquidity challenges and is actively pursuing new partnerships to strengthen its financial position and operational capacity.
Global Gas Corporation operates primarily in the industrial gas and low-carbon energy sectors, aiming to address the global shift towards hydrogen as a clean energy source. Its services support hydrogen production infrastructure, carbon recovery systems, and related advisory services for government and industrial clients. The company maintains a strategic focus on aligning with global decarbonization trends and expanding its footprint in hydrogen markets driven by policy and industrial demand shifts in the U.S. and beyond. Recent financial disclosures highlight operational challenges but ongoing efforts to secure funding and enhance service offerings to capitalize on the burgeoning hydrogen economy.