Fusion Fuel (HTOO) Green announced that the Company’s pro forma stockholders’ equity as of January 10, 2025, is approximately $12M. This pro forma amount reflects the impact of several recently completed transactions, including the acquisition of Quality Industrial Corp. in November 2024, and, on January 10, 2025, the concurrent private placement of $1.28M in senior convertible notes and entry into a $25M equity line of credit. As a result, the Company has undertaken a number of transactions to achieve and demonstrate long-term compliance with Nasdaq Listing Rule 5550(b)(1), which requires a minimum stockholders’ equity of $2.5M for continued listing on The Nasdaq Capital Market tier of Nasdaq.
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