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The latest update is out from Fusion Fuel Green ( (HTOO) ).
Fusion Fuel Green PLC has faced a significant financial challenge as its wholly-owned subsidiary, Fusion Fuel Portugal S.A., filed for insolvency, triggering a possible Bankruptcy Event of Default under a previously issued convertible promissory note. This development may require the company to pay the note holder a substantial cash amount, and discussions are underway to potentially negotiate a forbearance agreement or waiver to manage the financial impact.
More about Fusion Fuel Green
Fusion Fuel Green PLC is an Irish public limited company operating in the renewable energy sector. The company focuses on the development and deployment of green hydrogen technology, which plays a crucial role in the transition to sustainable energy sources.
YTD Price Performance: -0.14%
Average Trading Volume: 5,642,418
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $12.32M
For detailed information about HTOO stock, go to TipRanks’ Stock Analysis page.
