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Fusion Fuel Green PLC Announces $4.3 Million Private Placement and Noteholder Agreements

DUBLIN, July 23, 2025 (GLOBE NEWSWIRE) -- Fusion Fuel Green PLC (NASDAQ:HTOO) ("Fusion Fuel" or the "Company"), a provider of integrated energy solutions, today announced that it has entered into a definitive agreement for a private placement (the "PIPE") with investors for aggregate gross proceeds of $4.3 million.

Under the Securities Purchase Agreement, dated July 22, 2025 (the "Securities Purchase Agreement"), Fusion Fuel will issue and sell:

269,459 Class A Ordinary Shares;

Pre-funded warrants to purchase 541,706 Class A Ordinary Shares at a nominal exercise price of $0.0035 per share, which can be converted at any time;

Warrants to purchase 1,622,330 Class A Ordinary Shares at an exercise price of $4.926 per share, with a three-year exercise window; and

Warrants to purchase 811,165 Class A Ordinary Shares at an exercise price of $9.852 per share, with a three-year exercise window.

The Securities Purchase Agreement requires Fusion Fuel to use the net proceeds from the offering to fully repay any indebtedness under its outstanding Senior Convertible Notes dated January 10, 2025 and March 3, 2025 (collectively, the "2025 Notes"). The remaining funds will support general corporate and working capital purposes, as well as transaction-related costs.

In connection with the PIPE, the Company also entered into agreements with holders of the 2025 Notes, providing for:

Redemption of any unconverted or unpaid 2025 Notes, which had been converted in full as of July 22, 2025;

Cancellation of ...