Advent Technologies Holdings Inc (ADN)

[StockLogistics]

“Advent Technologies Holdings, Inc. (NASDAQ: ADN) shares are trading higher after the company announced it received notification of euro 782.1 million of funding from the Greek State for the IPCEI Green HiPo project.

Advent's Green HiPo project was originally among five projects out of twenty candidates from Greece for IPCEI funding. These five projects were then subject to detailed review and due diligence by the EU, resulting in two projects now being notified by the Greek State.

Dr. Vasilis Gregoriou, Advent Chairman and CEO, stated, "Today is a milestone day for Advent but also for Greece and Europe. Green HiPo will catalyse a sea-change of operational events within Advent while the project is implemented.'”

The stock gets 781 million in funding as per the above story publicly posted and people sell the stock heavily. Absolutely incredible.