StockWatch
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Industrial Machinery/Components
Corporate ActionJun 10, 2026, 05:11 PM

Fusion Fuel Green Amends Series A Preferred Share Conversion Ratio

AI Summary

Fusion Fuel Green PLC announced an Amended and Restated Certificate of Designation for its Series A Convertible Preferred Shares. This amendment updates the conversion ratio from 10 Class A Ordinary Shares per Series A Preferred Share to 2/7 of a Class A Ordinary Share per Series A Preferred Share, reflecting a previous 1-for-35 share consolidation. The amendment also includes a correction to the adjustment formula for certain corporate events.

Key Highlights

  • Amended and Restated Certificate of Designation for Series A Convertible Preferred Shares approved.
  • Conversion ratio updated from 10 Class A Ordinary Shares to 2/7 Class A Ordinary Shares per Series A Preferred Share.
  • The change reflects the previously announced 1-for-35 share consolidation.
  • Correction made to the adjustment formula for share dividends, subdivisions, combinations, or reclassification events.
  • Company previously issued 4,171,327 Series A Convertible Preferred Shares.