HZR is a Western Australian based company focused on bringing innovative clean technology to the global market. Through their novel low-cost Hazer process, the Company is striving to lead the way in clean hydrogen and graphite production. In December 2014, Mac Equity Partners raised seed capital of $765,000 at $0.05 per share, exclusively through our high net worth/sophisticated investor client base. MEP then acted as lead manager to the IPO in December 2015, raising $5m at a market capitalisation of ~$18.5m (fully diluted). The raising was significantly oversubscribed, with high brokers and institutions taking a large portion of the IPO raising.