Ballard Power Systems Files 6-K Report

TL;DR

Ballard Power (BLDP) filed a 6-K for Q2 2024, check exhibits 99.1 & 99.2 for details.

AI Summary

Ballard Power Systems Inc. filed a Form 6-K on August 12, 2024, reporting for the period ending June 30, 2024. The filing indicates that Exhibits 99.1 and 99.2 are included, but the specific content of these exhibits is not detailed in the provided text. Ballard Power Systems Inc. is incorporated in Canada and has its principal executive office in Burnaby, B.C.

Why It Matters

This filing provides an update on Ballard Power Systems' reporting for the second quarter of 2024, which may contain important financial and operational information for investors.

Risk Assessment

Risk Level: low — The provided text is a standard SEC filing cover page and does not contain specific financial performance data or significant operational changes that would indicate a high risk.

Key Players & Entities

• Ballard Power Systems Inc. (company) — Filer of the 6-K report
• 0001628280-24-036632 (accession_number) — SEC filing accession number
• 20240812 (date) — Filing date
• 20240630 (date) — Period of report
• 9000 Glenlyon Parkway Burnaby, B.C. V5J 5J8 Canada (address) — Principal executive office
• 7076991 Canada Inc. (company) — Former company name
• 20090102 (date) — Date of name change

FAQ

From the Filing

0001628280-24-036632.txt : 20240812 0001628280-24-036632.hdr.sgml : 20240812 20240812085108 ACCESSION NUMBER: 0001628280-24-036632 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 5 CONFORMED PERIOD OF REPORT: 20240630 FILED AS OF DATE: 20240812 DATE AS OF CHANGE: 20240812 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Ballard Power Systems Inc. CENTRAL INDEX KEY: 0001453015 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRICAL INDUSTRIAL APPARATUS [3620] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 000000000 STATE OF INCORPORATION: Z4 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-53543 FILM NUMBER: 241195063 BUSINESS ADDRESS: STREET 1: 9000 GLENLYON PARKWAY CITY: BURNABY STATE: A1 ZIP: V5J 5J8 BUSINESS PHONE: 604-454-0900 MAIL ADDRESS: STREET 1: 9000 GLENLYON PARKWAY CITY: BURNABY STATE: A1 ZIP: V5J 5J8 FORMER COMPANY: FORMER CONFORMED NAME: 7076991 Canada Inc. DATE OF NAME CHANGE: 20090102 6-K 1 bldp033124-6k1.htm 6-K Document UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________ FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of August 2024 Commission File Number: 000-53543 ______________________________ Ballard Power Systems Inc. (Translation of registrant's name into English)   9000 Glenlyon Parkway Burnaby, B.C. V5J 5J8 Canada (Address of principal executive office) ______________________________ Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: ☐ Form 20-F ☒ Form 40-F Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐ Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐ EXHIBIT INDEX EXHIBITS 99.1 AND 99.2 INCLUDED WITH THIS REPORT ARE HEREBY INCORPORATED BY REFERENCE INTO THE FOLLOWING REGISTRATION STATEMENTS OF THE REGISTRANT FILED UNDER THE SECURITIES ACT OF 1933: FORM S-8 (FILE NOS. 333-271785 AND 333-225494) AND FORM F-10/A (FILE NO. 333-271758), EACH AS AMENDED AND SUPPLEMENTED, AND TO BE A PART THEREOF FROM THE DATE ON WHICH THIS REPORT IS SUBMITTED, TO THE EXTENT NOT SUPERSEDED BY DOCUMENTS OR REPORTS SUBSEQUENTLY FILED OR FURNISHED. Exhibit No. Description   99.1 Ballard Power Systems Inc. Second Quarter 2024 Interim Financial Statements 99.2 Ballard Power Systems Inc. Second Quarter 2024 Management’s Discussion and Analysis SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Ballard Power Systems Inc. Date: August 12, 2024 By: /s/ Paul Dobson   Name: Paul Dobson   Title: Senior Vice President & Chief Financial Officer EX-99.1 2 bldp063024-ex991fs.htm EX-99.1 Document Condensed Consolidated Interim Financial Statements (Expressed in U.S. dollars) BALLARD POWER SYSTEMS INC. Three and six months ended June 30, 2024 and 2023 BALLARD POWER SYSTEMS INC. Condensed Consolidated Interim Statements of Financial Position Unaudited (Expressed in thousands of U.S. dollars) Note June 30, 2024 December 31, 2023 Assets Current assets: Cash and cash equivalents $ 678,032   $ 751,130  Short-term investments 2,109   2,113  Trade and other receivables 5  39,331   58,565  Inventories 6  62,039   45,870  Prepaid expenses and other current assets 7,443   7,063  Total current assets 788,954   864,741  Non-current assets: Property, plant and equipment 7  135,974   116,325  Intangible assets 8  1,783   1,406  Goodwill 40,277   40,277  Equity-accounted investments 9  11,860 &#1