Ballard Power Systems Files 6-K Report

TL;DR

Ballard Power Systems filed a routine 6-K report with the SEC on June 18, 2025.

AI Summary

Ballard Power Systems Inc. filed a Form 6-K on June 18, 2025, incorporating Exhibit 99.1 into its existing registration statements. This filing relates to the month of June 2025 and is filed under the 1934 Securities Exchange Act.

Why It Matters

This filing indicates ongoing reporting and compliance activities for Ballard Power Systems Inc. with the SEC, which is standard for publicly traded companies.

Risk Assessment

Risk Level: low — This is a standard SEC filing (Form 6-K) that does not appear to contain new material financial information or significant operational updates.

Key Numbers

• 000-53543 — SEC File Number (Identifies the company's filing with the SEC)

Key Players & Entities

• Ballard Power Systems Inc. (company) — Filer of the report
• 9000 Glenlyon Parkway Burnaby, B.C. V5J 5J8 Canada (location) — Principal executive offices
• 000-53543 (other) — Commission File Number
• 20250618 (date) — Filing date

FAQ

From the Filing

0001193125-25-142201.txt : 20250618 0001193125-25-142201.hdr.sgml : 20250618 20250617202448 ACCESSION NUMBER: 0001193125-25-142201 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20250617 FILED AS OF DATE: 20250618 DATE AS OF CHANGE: 20250617 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 EIN: 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: 251054895 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 d50768d6k.htm 6-K 6-K 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 OF THE SECURITIES EXCHANGE ACT OF 1934 For the month of June 2025 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 offices) 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 ☒ INCORPORATION BY REFERENCE Exhibit 99.1 to this Report on Form 6-K is hereby incorporated by reference (i) into the registration statements on Form S-8 filed by the Registrant under the Securities Act of 1933 (File Nos. 333-271785 and 333-225494), and (ii) as an exhibit to the registration statement on Form F-10 filed by the Registrant under the Securities Act of 1933 (File No. 333-287958). DOCUMENTS FILED AS PART OF THIS FORM 6-K Exhibit Description 99.1 Material Change Report, dated June 16, 2025 2 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: June 17, 2025 By: /s/ Kate Igbalode Name: Kate Igbalode Title: Senior Vice President & Chief Financial Officer 3 EX-99.1 2 d50768dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Form 51-102F3 MATERIAL CHANGE REPORT Item 1. Name and Address of Company Ballard Power Systems Inc. (“ Ballard ” or the “ Company ”) 9000 Glenlyon Parkway Burnaby, British Columbia V5J 5J8 Item 2. Date of Material Change June 16, 2025. Item 3. News Release On June 16, 2025, a news release in respect of the material change described herein was disseminated by a newswire company in Canada and subsequently filed on the Company’s profile on SEDAR+. Item 4. Summary of Material Change On June 16, 2025, the Company announced that Randy MacEwen will step down as President and Chief Executive Officer, with Marty Neese assuming the position effective July 7, 2025. Item 5.1 Full Description of Material Change On June 16, 2025, the Company announced that Randy MacEwen will step down as President and Chief Executive Officer, with Marty Neese assuming the position effective July 7, 2025. The Board of Directors has appointed Marty Neese as President & CEO following a succession planning process. A seasoned executive with a deep background in operations, Mr. Neese has extensive experience in product standardization, product cost reduction, volume production, and gross margin optimization. Mr. Neese has served on Ballard’s Board of Directors over the past 10 years, and as the CEO of Verdagy, an innovative electrolysis and green hydrogen company, over the past four years. Earlier in his career, he served as the chief operating officer of SunPower and F