Fusion Fuel Green ( (HTOO) ) has provided an announcement.
On February 28, 2025, Fusion Fuel Green PLC announced a Securities Purchase Agreement with institutional investors, involving the issuance of Senior Convertible Notes and Warrants. This agreement, which includes a $1.3 million principal amount in notes and warrants for 2,864,397 Class A ordinary shares, is aimed at strengthening the company’s financial position and enhancing its market operations. The agreement imposes certain restrictions on the company’s ability to issue new securities and mandates the reservation of shares for conversion and exercise of warrants. This strategic move is expected to impact Fusion Fuel Green’s operations by providing necessary capital while also imposing conditions to protect investor interests.
More about Fusion Fuel Green
Fusion Fuel Green PLC is an Irish public limited company operating in the renewable energy sector, focusing on the production of green hydrogen. The company aims to leverage its technology to provide sustainable energy solutions and is actively engaged in developing projects that align with the global shift towards cleaner energy sources.
YTD Price Performance: -44.85%
Average Trading Volume: 5,565,695
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $8.96M
Learn more about HTOO stock on TipRanks’ Stock Analysis page.