InvestmentAug 11, 2026, 04:43 PM
Fusion Fuel Green Raises $1.525M via Private Placement
AI Summary
Fusion Fuel Green PLC filed an amendment to clarify details of a private placement, agreeing to issue 421,563 Class A ordinary shares and warrants for 774,499 shares to investors, aiming to raise approximately $1.525 million. Additionally, the company settled $605,907.75 in legal debt by issuing $100,000 worth of Class A shares and making a cash payment of at least $250,000, after a 15% discount on the legal fees.
Key Highlights
- Fusion Fuel Green to raise approximately $1.525 million through a private placement.
- Issuance of 421,563 Class A ordinary shares and warrants for 774,499 shares.
- Purchase price for Class A shares and related warrants set at $2.55 per share.
- Common Warrants are exercisable at $3.50 per share for a period of three years.
- Settled $605,907.75 in legal debt with a 15% discount, reducing it to $515,021.59.
- Company to issue $100,000 in Class A shares to legal firm for debt settlement.
- Company to pay at least $250,000 cash to legal firm for debt settlement.
Price Impact
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