Delaware court validates Hyliion's 2020 charter amendment and common stock issuance

Hyliion Holdings Corp.

Petition filed Feb 13, 2023 under DGCL Section 205 to validate Class A Increase Amendment and New Charter.
Court of Chancery granted petition on March 6, 2023, validating amendments as of Oct 1, 2020.
All common shares issued in reliance on the New Charter and Class A Increase Amendment are validated.
Validation removes potential legal defect in capital structure from the 2020 business combination.

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