Fusion Fuel Green (HTOO) News & Sentiment

DUBLIN, March 04, 2025 (GLOBE NEWSWIRE) -- via IBN – Fusion Fuel Green PLC (Nasdaq: HTOO) ("Fusion Fuel" or the "Company"), a leading provider of full-service energy engineering and advisory solutions, today announced that it has closed a $1.3 million private placement of senior convertible notes with certain institutional investors. The senior convertible notes were issued at a weighted-average original issue discount of approximately 23% for an aggregate purchase price of $1.0 million, mature in August 2026, and carry an 8% annual interest rate.

DUBLIN, Jan. 24, 2025 (GLOBE NEWSWIRE) -- via IBN – Fusion Fuel Green PLC (Nasdaq: HTOO) (“Fusion Fuel” or the “Company”), a leading provider of full-service energy engineering and advisory solutions, is pleased to announce several significant developments in its Al Shola Gas (“Al Shola”) subsidiary, which continues to serve as a core driver of growth and profitability for the Company.

DUBLIN, Jan. 13, 2025 (GLOBE NEWSWIRE) -- via IBN – Fusion Fuel Green PLC (Nasdaq: HTOO) (“Fusion Fuel” or the “Company”), a leading provider of full-service energy engineering and advisory solutions, announced that it has closed a $1.28 million senior convertible notes private placement with certain institutional investors. In addition to the convertible notes, Fusion Fuel has also entered into an agreement with an institutional investor for a $25 million equity line of credit, which, upon the satisfaction of certain conditions, will provide the Company with access to additional capital to support its operational and strategic growth initiatives.

DUBLIN, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Fusion Fuel Green Plc (NASDAQ: HTOO), a leading provider of energy and utility solutions, today announced it will host an Investor Update Presentation on Thursday, December 12, 2024, to discuss its recently announced transaction, introduce its group businesses, and share strategic plans and targets for the future. Presentation Agenda: The Investor Update will cover the following topics: Fusion Fuel Overview: Highlights of the business, recent developments, details of the QIND transaction, group targets, and NASDAQ compliance.

Fusion Fuel buys 70% stake in Quality Industrial, thereby strengthening its position in the energy engineering, supply and services business.

NEW YORK, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Ilustrato Pictures International Inc. (OTC: ILUS) (“ILUS” or the “Company”) is a mergers and acquisitions company focused on acquiring and growing businesses in the public safety and industrial sectors. On November 18, 2024, the Company signed a Stock Purchase Agreement with Fusion Fuel Green PLC (NASDAQ: HTOO) (“Fusion Fuel”) and certain other shareholders of Quality Industrial Corp. for Fusion Fuel to acquire a 69.36% stake in Quality Industrial Corp. (OTC: QIND)(“QIND”). As consideration for the ILUS stake in QIND, Fusion Fuel will issue a combination of ordinary shares and convertible preferred shares, resulting in ILUS holding a stake of 55.38% of Fusion Fuel on an as-converted, fully diluted basis. The preferred shares, however, will not be converted until Fusion Fuel's shareholders approve their conversion to ordinary shares and clearance of an initial listing application to be filed with Nasdaq.

SAN FRANCISCO, CA / ACCESSWIRE / November 19, 2024 / Quality Industrial Corp. (OTC PINK:QIND) ("QIND" or the "Company") is an industrial company specializing in the energy sector. On November 18, 2024, the Company, Fusion Fuel Green PLC, an Irish public limited company listed on NASDAQ under the ticker symbol "HTOO" ("Fusion Fuel"), Ilustrato Pictures International Inc. ("Ilustrato"), and certain other stockholders of the Company (together with Ilustrato, the "Sellers") entered into a Stock Purchase Agreement (the "Purchase Agreement") to transfer a total of 78,312,334 shares of common stock and 20,000 shares of Series B Preferred Stock to Fusion Fuel, representing approximately 69% of the capital stock of the Company.

Acquisition of Profitable, Cash Flow-Generating Business Broadens Service Offerings Across Energy Value Chain Acquisition of Profitable, Cash Flow-Generating Business Broadens Service Offerings Across Energy Value Chain

DUBLIN, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Fusion Fuel Green Plc (“Fusion Fuel” or the “Company”) announced today that it has issued a damages claim against Hydrogenial S.A. (“Hydrogenial” or the “Investor”) and its principal, Mr. Norbert Bindner, following their failure to fund the $33.5 million Subscription Agreement disclosed in the Company's Form 6-K on September 11, 2024. Under the terms of this agreement, entered into in good faith by the Company on August 28, 2024, the Investor committed to purchase an aggregate of 43,790,850 Class A ordinary shares (the "Class A Shares"), along with warrants to acquire an additional 13,137,254 Class A Shares, for a total purchase price of $33,500,000.