Fusion Fuel Green PLC Announces $4.3 Million Private Placement and Noteholder Agreements
Fusion Fuel Green (NASDAQ:HTOO) has secured a $4.3 million private placement through a Securities Purchase Agreement dated July 22, 2025. The company will issue 269,459 Class A Ordinary Shares along with various warrants, including pre-funded warrants for 541,706 shares and additional warrants for over 2.4 million shares at different exercise prices.
The proceeds will be used to fully repay outstanding Senior Convertible Notes from early 2025, with remaining funds allocated to working capital and corporate purposes. The company has also reached agreements with 2025 Notes holders, including redemption of unconverted notes and exchange of previous warrants for new ones covering 294,658 Class A Ordinary Shares.
Fusion Fuel Green (NASDAQ:HTOO) ha ottenuto un collocamento privato da 4,3 milioni di dollari tramite un Accordo di Acquisto di Titoli datato 22 luglio 2025. La società emetterà 269.459 azioni ordinarie di Classe A insieme a diversi warrant, inclusi warrant pre-finanziati per 541.706 azioni e ulteriori warrant per oltre 2,4 milioni di azioni a diversi prezzi di esercizio.
I proventi saranno utilizzati per rimborsare integralmente i Senior Convertible Notes in scadenza all'inizio del 2025, mentre i fondi residui saranno destinati al capitale circolante e ad altri scopi aziendali. La società ha inoltre raggiunto accordi con i detentori dei Notes 2025, inclusi il riscatto delle note non convertite e lo scambio di warrant precedenti con nuovi warrant relativi a 294.658 azioni ordinarie di Classe A.
Fusion Fuel Green (NASDAQ:HTOO) ha asegurado una colocación privada de 4,3 millones de dólares mediante un Acuerdo de Compra de Valores fechado el 22 de julio de 2025. La compañía emitirá 269.459 acciones ordinarias Clase A junto con varios warrants, incluyendo warrants prefinanciados para 541.706 acciones y warrants adicionales para más de 2,4 millones de acciones a diferentes precios de ejercicio.
Los fondos se utilizarán para reembolsar completamente los Senior Convertible Notes pendientes a principios de 2025, destinando los fondos restantes a capital de trabajo y fines corporativos. La compañía también ha llegado a acuerdos con los tenedores de los Notes 2025, incluyendo el rescate de notas no convertidas y el intercambio de warrants anteriores por nuevos que cubren 294.658 acciones ordinarias Clase A.
Fusion Fuel Green (NASDAQ:HTOO)는 2025년 7월 22일자 증권매매계약을 통해 430만 달러 규모의 사모 발행을 확보했습니다. 회사는 269,459주 클래스 A 보통주와 함께 541,706주에 대한 선지급 워런트 및 다양한 행사가격의 240만 주 이상의 추가 워런트를 발행할 예정입니다.
수익금은 2025년 초 만기 예정인 선순위 전환사채를 전액 상환하는 데 사용되며, 남은 자금은 운전자본 및 기업 목적에 할당됩니다. 또한 회사는 2025년 노트 보유자들과 미전환 노트 상환 및 기존 워런트를 294,658주 클래스 A 보통주를 포함하는 새로운 워런트로 교환하는 합의를 체결했습니다.
Fusion Fuel Green (NASDAQ:HTOO) a obtenu un placement privé de 4,3 millions de dollars via un accord d'achat de titres daté du 22 juillet 2025. La société émettra 269 459 actions ordinaires de classe A ainsi que plusieurs warrants, incluant des warrants préfinancés pour 541 706 actions et des warrants supplémentaires pour plus de 2,4 millions d'actions à différents prix d'exercice.
Les fonds seront utilisés pour rembourser intégralement les Senior Convertible Notes en circulation début 2025, les fonds restants étant affectés au fonds de roulement et à des fins corporatives. La société a également conclu des accords avec les détenteurs des Notes 2025, incluant le rachat des notes non converties et l'échange des anciens warrants contre de nouveaux couvrant 294 658 actions ordinaires de classe A.
Fusion Fuel Green (NASDAQ:HTOO) hat eine Privatplatzierung in Höhe von 4,3 Millionen US-Dollar durch eine Wertpapierkaufvereinbarung vom 22. Juli 2025 gesichert. Das Unternehmen wird 269.459 Aktien der Klasse A zusammen mit verschiedenen Warrants ausgeben, darunter vorfinanzierte Warrants für 541.706 Aktien und zusätzliche Warrants für über 2,4 Millionen Aktien zu unterschiedlichen Ausübungspreisen.
Die Erlöse werden verwendet, um ausstehende Senior Convertible Notes aus Anfang 2025 vollständig zurückzuzahlen, wobei verbleibende Mittel für Betriebskapital und Unternehmenszwecke vorgesehen sind. Das Unternehmen hat zudem Vereinbarungen mit den Inhabern der Notes 2025 getroffen, einschließlich der Rückzahlung nicht konvertierter Notes und dem Austausch vorheriger Warrants gegen neue, die 294.658 Aktien der Klasse A abdecken.
- None.
- Potential dilution from issuance of new shares and multiple warrant series
- Significant warrant coverage at various price points could create selling pressure
Insights
Fusion Fuel secured $4.3M funding while simplifying its capital structure by eliminating convertible notes and reorganizing warrants.
Fusion Fuel's
The capital structure simplification is the most significant aspect of this announcement. Fusion Fuel is using proceeds to completely extinguish its 2025 Senior Convertible Notes (from January and March issuances), which have apparently been fully converted prior to this announcement. Additionally, the company is canceling previously issued warrants to noteholders and replacing them with new warrants for 294,658 shares.
This financial restructuring achieves several objectives: 1) It removes convertible debt obligations that could create future dilution uncertainty; 2) It standardizes the warrant structure; 3) It secures waivers and releases from noteholders regarding previous agreements; and 4) It provides working capital beyond just debt repayment.
The transaction suggests Fusion Fuel is attempting to clean up its balance sheet while securing necessary capital for operations. The tiered warrant pricing (
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
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
$0.00 35 per share, which can be converted at any time; - Warrants to purchase 1,622,330 Class A Ordinary Shares at an exercise price of
$4.92 6 per share, with a three-year exercise window; and - Warrants to purchase 811,165 Class A Ordinary Shares at an exercise price of
$9.85 2 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 previously issued warrants to the noteholders and an exchange for new warrants to purchase an aggregate of 294,658 Class A Ordinary Shares pursuant to Section 3(a)(9) under the U.S. Securities Act of 1933, as amended (the “Securities Act”); and
- waivers and releases from noteholders regarding certain rights and obligations under prior agreements.
The PIPE was conducted as a private placement exempt from registration under Section 4(a)(2) of the Securities Act and/or Rule 506(b) of Regulation D promulgated thereunder. Fusion Fuel has agreed to file a registration statement with the U.S. Securities and Exchange Commission (the “SEC”) within 15 days of the closing to register the resale of the securities issued in the PIPE.
John-Paul Backwell, CEO of Fusion Fuel, commented, “This transaction significantly simplifies our capital structure, allowing us to make important headway on several legacy items while maintaining strong forward momentum. With a cleaner and simplified cap table and funding terms, as well as greater financial flexibility, we are well-positioned to continue delivering on our ambitious growth plans for 2025 and beyond.”
About Fusion Fuel Green PLC
Fusion Fuel Green PLC (NASDAQ: HTOO) provides integrated energy engineering, distribution, and green hydrogen solutions through its Al Shola Gas and BrightHy Solutions platforms. With operations spanning LPG supply to hydrogen solutions, the Company supports decarbonization across industrial, residential, and commercial sectors.
Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended, which statements involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or the Company’s future financial or operating performance. In some cases, you can identify these statements because they contain words such as “may,” “will,” “believes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “should,” “seeks,” “future,” “continue,” “plan,” “target,” “predict,” “potential,” or the negative of such terms, or other comparable terminology that concern the Company’s expectations, strategy, plans, or intentions. Forward-looking statements relating to expectations about future results or events are based upon information available to the Company as of today’s date and are not guarantees of the future performance of the Company, and actual results may vary materially from the results and expectations discussed. The Company’s expectations and beliefs regarding these matters may not materialize, and actual results in future periods are subject to risks and uncertainties that could cause actual results to differ materially from those projected, including, without limitation, the risks and uncertainties described under Item 3. “Key Information – D. Risk Factors” and elsewhere in the Company’s Annual Report on Form 20-F filed with the SEC, on May 9, 2025 (the “Annual Report”), and other filings with the SEC. Should any of these risks or uncertainties materialize, or should the underlying assumptions about the Company’s business and the commercial markets in which the Company operates prove incorrect, actual results may vary materially from those described as anticipated, estimated or expected in the Annual Report. All subsequent written and oral forward-looking statements concerning the Company or other matters and attributable to the Company or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above. The Company does not undertake any obligation to publicly update any of these forward-looking statements to reflect events or circumstances that may arise after the date hereof, except as required by law.
Investor Relations Contact
ir@fusion-fuel.eu
www.fusion-fuel.eu
FAQ
What is the size of Fusion Fuel's (HTOO) private placement announced in July 2025?
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