Dec 8 (Reuters) - Xebec Adsorption Inc XBC.V :
* XEBEC LAUNCHES HYDROGEN STRATEGY WITH TRANSFORMATIVE ACQUISITION OF HYGEAR, $100 MILLION BOUGHT DEAL PUBLIC OFFERING AND $50 MILLION CONCURRENT PRIVATE PLACEMENT WITH CDPQ
* XEBEC ADSORPTION INC - TO ACQUIRE HYGEAR FOR CONSIDERATION OF EUR 82.0 MILLION AND ASSUMPTION OF EUR 18.4 MILLION IN NET DEBT
* XEBEC ADSORPTION INC - HYGEAR SHAREHOLDERS RECEIVE ABOUT $65.2 MILLION IN CASH AND 10.3 MILLION XEBEC COMMON SHARES AT $6.03/SHARE