Fusion Fuel Green (Nasdaq: HTOO) announced its approval to transfer its Class A Ordinary Shares and publicly traded warrants from The Nasdaq Global Market to The Nasdaq Capital Market, effective Feb. 3, 2025. The move grants the company an additional 180 days, until July 28, 2025, to regain compliance with Nasdaq’s $1.00 minimum bid price requirement, with a potential reverse share split if necessary. Fusion Fuel also faces noncompliance with Nasdaq’s annual meeting requirement, having not held a shareholder meeting within 12 months of its fiscal year-end. CEO JP Backwell emphasized the transfer’s flexibility in executing strategic initiatives while maintaining the company’s trading symbols.
To view the full press release, visit https://ibn.fm/83VRN
About Fusion Fuel Green PLC
Fusion Fuel Green PLC (NASDAQ: HTOO) is an emerging leader in the energy services sector, offering a comprehensive suite of energy engineering and advisory solutions through its Al Shola Gas and BrightHy subsidiaries. Al Shola Gas provides full-service industrial gas solutions, including the design, supply, and maintenance of liquefied petroleum gas (LPG) systems, as well as the transport and distribution of LPG to a broad range of customers across commercial, industrial, and residential sectors. BrightHy, the Company’s newly launched hydrogen solutions platform, focuses on delivering innovative engineering and advisory services that enable decarbonization across hard-to-abate industries.
For more information, visit the company’s website at https://www.fusion-fuel.eu
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