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Fusion Fuel Green PLC Announces Reverse Share Split to Meet Nasdaq Compliance

ECS+ News - Business and Technology News July 10, 2025
By CharityAce News Staff
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Fusion Fuel Green PLC Announces Reverse Share Split to Meet Nasdaq Compliance

Summary

Fusion Fuel Green PLC is implementing a 1-for-35 reverse share split to increase its share price and comply with Nasdaq's minimum bid price requirement, effective July 14, 2025.

Full Article

Fusion Fuel Green PLC (Nasdaq: HTOO) has announced a 1-for-35 reverse share split of its Class A Ordinary Shares, a move aimed at regaining compliance with Nasdaq's minimum bid price requirement. The reverse split, effective at the market open on Monday, July 14, 2025, will reduce the number of outstanding Class A shares from approximately 27.4 million to about 783,376. This adjustment is intended to elevate the share price to meet Nasdaq's standards, with shareholders not required to take any action as the changes will be automatically applied to their accounts. The company's authorized share capital will stay at 100 million shares, with the nominal value per share adjusted to $0.0035. For further information, visit https://ibn.fm/4IlCY.

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