Green Energy Company, Fusion Fuel, Plans to Sell 3.24 Million Shares of Class A Stock
Fusion Fuel Green Announces Share Resale and Financing Transaction
Fusion Fuel Green (NASDAQ: HTOO) has initiated the sale of 3.24 million Class A ordinary shares, as part of a financing transaction announced on July 22-23, 2025. This private placement, also known as a PIPE, involves the sale of shares and warrants totaling $4.3 million in gross proceeds.
In this agreement, Fusion Fuel issued and sold 269,459 Class A Ordinary Shares directly. Additionally, pre-funded warrants were issued to purchase 541,706 Class A Ordinary Shares at a low exercise price of $0.0035 per share, allowing immediate conversion.
The company also issued two series of warrants to purchase 1,622,330 shares at $4.926 per share and 811,165 shares at $9.852 per share, each with a three-year exercise window.
The primary purpose of the proceeds from this private placement is to fully repay outstanding Senior Convertible Notes issued earlier in 2025. Any remaining net proceeds will be allocated to general corporate and working capital purposes, as well as transaction-related costs.
This resale and financing arrangement allows Fusion Fuel to restructure its 2025 indebtedness by converting debt to equity and bringing in additional capital. This could potentially dilute existing shareholders but strengthen the balance sheet by eliminating debt. The issuance of multiple warrant series at different exercise prices creates potential future dilution and selling pressure depending on share price movement.
The shares are being offered for sale through a prospectus supplement filed with the SEC. The net proceeds from the offering will be used for general corporate purposes. This prospectus supplement relates to a previously filed base shelf registration statement. The shares being sold include 269,459 SPA Shares.
Moreover, the underwriters have an option to purchase up to an additional 486,680 Class A ordinary shares. The offering price for the shares will be determined by the underwriters.
This transaction, detailed in the July 2025 Securities Purchase Agreement, could have significant implications for Fusion Fuel Green's share structure and shareholder dilution. Specific details about the selling shareholders' resale rights tied to this agreement have not been explicitly described in the search results. However, the transaction appears focused on private placement share and warrant issuance to investors under the definitive agreement.
[1] Fusion Fuel Green Announces Private Placement [2] Fusion Fuel Green Announces Closing of Private Placement [3] Fusion Fuel Green Base Shelf Registration Statement
- "Fusion Fuel Green is engaging in business activities such as investing in a private placement, where they are selling Class A ordinary shares and issuing warrants to raise funds for financing, with the primary goal of repaying debt and strengthening their balance sheet."
- "Through the private placement referred to in the Securities Purchase Agreement, Fusion Fuel Green is bringing in new investors by selling Class A ordinary shares and warrants, aiming to improve their financial status and restructure their existing 2025 indebtedness."
