Advent Technologies enters $52M equity line with Hudson at 84% of market price

ADVENT TECHNOLOGIES HOLDINGS, INC.

Up to $52M of common stock may be sold to Hudson over 24 months; initial price at 84% of prior day close.
Purchase price determined at end of 3-day valuation period as 84% of lowest closing price.
Issuance capped at 534,031 shares (19.99% of outstanding) unless shareholder approval obtained.
Proceeds to be used for working capital and general corporate purposes.
Company may terminate agreement at any time, but not during valuation period or while Hudson holds shares.

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