STOCK TITAN

Fusion Fuel Green (NASDAQ: HTOO) prices $1.55M PIPE and restructures legal fees

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Fusion Fuel Green PLC entered into an August 2026 private placement with institutional investors, agreeing to issue 431,367 Class A ordinary shares, 176,468 pre-funded warrants, and 619,194 common warrants for contemplated aggregate gross proceeds of approximately $1,550,000. The shares and pre-funded warrants are priced at $2.55 per share, with common warrants exercisable at $3.50 per share for three years, all subject to a 4.99% or 9.99% Beneficial Ownership Limitation. Net proceeds are designated for general corporate and working capital purposes and transaction expenses, and the company has committed to register the resale of the securities, with cash penalties of 1.5% of the subscription amount per 30 days if registration obligations are not met.

Separately, Fusion Fuel Green amended its engagement with Bevilacqua PLLC, which was owed $637,157.36. The firm granted a 15% discount on $605,907.75 of non-SEC maintenance fees, reducing that portion to $515,021.59. The company will also issue $100,000 of Class A shares at a 20% discount to market and pay at least $250,000 in cash (using commercially reasonable efforts to pay $300,000) toward the remaining balance.

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Filing Explained

As of August 7, financing was agreed but not closed; completion would create dilution exposure, and 100,000 dollars of legal fees is designated for shares.

The company reports an August 7 agreement to issue shares and warrants in a private placement. The filing does not state that closing has occurred; if completed, the agreed shares and later warrant exercises would increase the share base and reduce existing holders’ percentage ownership absent offsetting changes.

A private placement is a sale to selected investors rather than a public offering. The pre-funded warrants are near-share instruments exercisable immediately at $0.0035 per underlying share, while the common warrants are exercisable immediately for three years at $3.50 per share, subject to the stated ownership limits.

Closing is required no later than five trading days after August 7, 2026, subject to customary conditions. After closing, the company must file a resale registration statement within 30 calendar days and faces a fee of 1.5% of the aggregate subscription amount for each 30-day period that registration requirements remain unmet.

Separately, as of July 31, 2026, the company owed Bevilacqua PLLC $637,157.36. The agreement leaves any remaining balance due after a $100,000 share issuance, at a 20% discount to market, and at least $250,000 in cash payments; the law firm also receives piggyback registration rights for those shares.

PIPE gross proceeds $1,550,000 Contemplated aggregate gross proceeds from August 2026 PIPE
Shares issued 431,367 Class A ordinary shares Class A ordinary shares to be sold under August 2026 Securities Purchase Agreement
Pre-funded warrants 176,468 warrants Pre-funded warrants to purchase Class A ordinary shares at $0.0035 per share
Common warrants 619,194 warrants Common warrants exercisable at $3.50 per share for three years
Registration delay penalty 1.5% per 30-day period Penalty on aggregate subscription amount while registration obligations remain unmet
Outstanding legal fees $637,157.36 Balance owed to Bevilacqua PLLC as of July 31, 2026
Non-SEC services discount 15% Discount applied to $605,907.75 non-SEC maintenance services, reducing to $515,021.59
Pre-Funded Warrants financial
"pre-funded warrants to purchase an aggregate of 176,468 Class A Ordinary Shares"
Pre-funded warrants are financial instruments that give investors the right to purchase a company's stock at a set price, but with most or all of the purchase price paid upfront. They function like a coupon or gift card for stock, allowing investors to buy shares later at a fixed price, which can be beneficial if they want to avoid future price increases. This makes them important for investors seeking flexibility and certainty in their investment plans.
Common Warrants financial
"warrants to purchase an aggregate of 619,194 Class A Ordinary Shares (the “Common Warrants”)"
A common warrant is a tradable instrument that gives its holder the right to buy a company’s common shares at a fixed price within a set time period, similar to a coupon that can be redeemed later to purchase stock. Investors care because exercising warrants can boost potential gains if the stock rises, but it can also dilute existing shareholders by increasing the number of shares outstanding, which can lower per-share value.
Beneficial Ownership Limitation regulatory
"subject to the Beneficial Ownership Limitation (as defined below)"
A beneficial ownership limitation is a rule that caps the percentage of a company’s shares an investor can be treated as owning or controlling for voting, regulatory or tax purposes. It matters to investors because it can restrict how many shares a person or group can buy or vote, affect takeover chances, and influence share liquidity and value — like a speed limit that prevents any single driver from taking over the whole road.
Rule 506(b) of Regulation D regulatory
"in reliance on the exemption from registration provided by Section 4(a)(2) of the Securities Act and/or Rule 506(b) of Regulation D"
Rule 506(b) of Regulation D is a set of rules that allows companies to raise money from investors without having to register with the government, as long as they follow certain guidelines. It lets companies offer securities to a limited number of investors, often trusted or experienced ones, making it easier and quicker to raise funds compared to traditional methods. This rule matters to investors because it provides access to private investment opportunities that are generally less regulated but still require careful consideration.
piggyback registration rights regulatory
"BPLLC will be entitled to piggyback registration rights with respect to the Equity Consideration"
A contractual right that lets existing shareholders join a company’s planned public sale of stock so they can sell their own shares at the same time under the same paperwork. It matters to investors because it gives insiders and early holders an easier, often faster way to convert shares to cash, while also potentially increasing the number of shares offered and affecting the share price — like catching a scheduled bus instead of hiring a private ride to get where you need to go.
Rule 144 regulatory
"not freely tradable without restriction under Rule 144 promulgated under the U.S. Securities Act of 1933"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What financing did Fusion Fuel Green (HTOO) arrange in August 2026?

Fusion Fuel Green arranged a private placement (August 2026 PIPE) to raise approximately $1,550,000 by issuing 431,367 shares, 176,468 pre-funded warrants, and 619,194 common warrants to certain investors at a purchase price of $2.55 per share.

What are the key terms of the warrants issued by Fusion Fuel Green (HTOO)?

The private placement includes 176,468 pre-funded warrants exercisable at $0.0035 per share and 619,194 common warrants exercisable at $3.50 per share for three years, subject to a 4.99% or 9.99% Beneficial Ownership Limitation per holder.

How will Fusion Fuel Green (HTOO) use the PIPE proceeds?

Fusion Fuel Green plans to use net proceeds from the approximately $1,550,000 PIPE for general corporate and working capital purposes and to pay fees and expenses associated with the August 2026 Securities Purchase Agreement and related transactions.

What registration obligations does Fusion Fuel Green (HTOO) have for the August 2026 PIPE?

The company must file a resale registration statement within 30 days of closing and seek effectiveness within up to 90 days, or pay investors 1.5% of the subscription amount per 30-day delay, plus 18% annual interest on overdue penalty amounts.

What equity will Fusion Fuel Green (HTOO) issue to Bevilacqua PLLC?

Fusion Fuel Green agreed to issue Class A ordinary shares valued at $100,000 to BPLLC at a 20% discount to market price. This Equity Consideration will reduce non-SEC maintenance service fees by $100,000 upon issuance and carries piggyback registration rights.

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of: August, 2026.

 

Commission File Number: 001-39789

 

Fusion Fuel Green PLC

(Translation of registrant’s name into English)

 

9 Pembroke Street Upper

Dublin D02 KR83

Ireland

 

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F ☒ Form 40-F ☐

 

 

 

 

 

 

Securities Purchase Agreement

 

On August 7, 2026, Fusion Fuel Green PLC, an Irish public limited company (the “Company”), entered into a Securities Purchase Agreement, dated as of August 7, 2026 (the “August 2026 Securities Purchase Agreement”), with certain investors (the “August 2026 Investors”), pursuant to which the Company agreed to issue and sell the following securities to the August 2026 Investors: (i) an aggregate of 431,367 Class A ordinary shares of the Company with a nominal value of $0.0035 per share (“Class A Ordinary Shares”), (ii) pre-funded warrants to purchase an aggregate of 176,468 Class A Ordinary Shares at an exercise price of $0.0035 per share (the “Pre-Funded Warrants”), and (iii) warrants to purchase an aggregate of 619,194 Class A Ordinary Shares (the “Common Warrants” and, together with the Pre-Funded Warrants, the “August 2026 Warrants”), for contemplated aggregate gross proceeds of approximately $1,550,000 (the “August 2026 PIPE”). 

The purchase price per Class A Ordinary Share (or Pre-Funded Warrant, less $0.0035 per share underlying each Pre-Funded Warrant) and related Common Warrant under the August 2026 Securities Purchase Agreement was $2.55 per share, which was determined to be the volume-weighted average price of the Class A Ordinary Shares on The Nasdaq Capital Market for the five consecutive trading days ending on and including the trading day immediately prior to the date of the August 2026 Securities Purchase Agreement. Each Common Warrant is exercisable for the number of Class A Ordinary Shares equal to 100% of the number of Class A Ordinary Shares (and shares underlying any Pre-Funded Warrants) purchased by such investor at an exercise price of $3.50 per share (or, in the case of exercise for a Pre-Funded Warrant, $3.4965 per Class A Ordinary Share underlying such Pre-Funded Warrant), for a period of three years from the date of issuance. 

The Pre-Funded Warrants will be exercisable immediately upon issuance and may be exercised at any time until exercised in full, subject to the Beneficial Ownership Limitation (as defined below). The Common Warrants will be exercisable immediately upon issuance, subject to the Beneficial Ownership Limitation, and have a term of exercise equal to three years from the date of issuance. The Pre-Funded Warrants and the Common Warrants may not be exercised to the extent that such exercise would result in the number of Class A Ordinary Shares beneficially owned by the holder and its affiliates exceeding 4.99% (or, if elected by a holder on the respective signature page to the August 2026 Securities Purchase Agreement, 9.99%) of the total number of Class A Ordinary Shares outstanding immediately after giving effect to the exercise (the “Beneficial Ownership Limitation”). The Beneficial Ownership Limitation may be raised or lowered to any other percentage not in excess of 9.99%, at the option of each holder, provided that any increase will only be effective upon 61 days’ prior written notice to the Company. Each Common Warrant holder may elect to receive Pre-Funded Warrants in lieu of Class A Ordinary Shares to the extent exercise would exceed the Beneficial Ownership Limitation.

 

The closing of the August 2026 PIPE (the “Closing”) is required to occur no later than five trading days after the date of the August 2026 Securities Purchase Agreement, subject to satisfaction or waiver of customary closing conditions.

 

The Company will use the net proceeds from the August 2026 PIPE for general corporate and working capital purposes and to pay any fees and expenses in connection with the transactions contemplated by the August 2026 Securities Purchase Agreement.

 

In addition, the Company will be required to file a registration statement on Form F-3 or other available form with the U.S. Securities and Exchange Commission (the “SEC”) within 30 calendar days of the Closing to register the resale of the Class A Ordinary Shares and Class A Ordinary Shares issuable upon exercise of the August 2026 Warrants. The Company must use commercially reasonable efforts to have such registration statement declared effective by the SEC as promptly as practicable, and in any event within five trading days after receiving notification that the SEC will not review or has no comments to such registration statement, and otherwise no later than 90 calendar days following the Closing, subject to extension to the extent that a full or partial federal government shutdown prevents such registration statement from being declared effective. The Company will also be required to maintain the effectiveness of such registration statement for so long as any Class A Ordinary Shares issued pursuant to the August 2026 Securities Purchase Agreement or issuable upon exercise of any August 2026 Warrants remain outstanding and are not freely tradable without restriction under Rule 144 promulgated under the U.S. Securities Act of 1933, as amended (the “Securities Act”). The Company will be required to pay the August 2026 Investors 1.5% of the aggregate subscription amount for each 30-day period (prorated for partial periods) during which the above registration requirements remain unmet, with 18% annual interest on overdue amounts. The Company will be responsible for all fees and expenses incurred in connection with such registration requirements.

 

 

 

 

The August 2026 Securities Purchase Agreement contains customary representations, warranties, closing conditions, covenants, transfer restrictions, listing and reservation obligations, and indemnification obligations of the contracting parties. These representations, warranties and covenants were made only for purposes of the August 2026 Securities Purchase Agreement and as of specific dates, were solely for the benefit of the contracting parties and may be subject to limitations agreed upon by the contracting parties.

 

Prior to the entry into the August 2026 Securities Purchase Agreement, there were no material relationships between the Company or any of the Company’s affiliates, including any director or officer of the Company, or any associate of any director or officer of the Company, and the August 2026 Investors, except as follows: (1) three of the investors were investors under the Securities Purchase Agreement, dated as of July 22, 2025, among the Company and certain investors, which was previously disclosed in the Report on Form 6-K furnished by the Company with the SEC on July 23, 2025; (2) three of the investors were parties to the Warrants Cancellation and Exchange Agreement, dated as of December 5, 2025, which was previously disclosed in the Report on Form 6-K furnished by the Company with the SEC on December 5, 2025; (3) five of the investors were investors under the Securities Purchase Agreement, dated as of February 14, 2026, among the Company and certain investors, which was previously disclosed in the Report on Form 6-K furnished by the Company with the SEC on February 18, 2026; and (4) three of the investors were counterparties under the Share Exchange Agreement, dated as of February 18, 2026, among the Company and certain shareholders of Royal Uranium Inc., a company incorporated under the laws of British Columbia, Canada, which was previously disclosed in the Report on Form 6-K/A furnished by the Company with the SEC on February 18, 2026.

 

The offer and sale of securities described above is being conducted as a private placement pursuant to and in reliance on the exemption from registration provided by Section 4(a)(2) of the Securities Act and/or Rule 506(b) of Regulation D promulgated thereunder for transactions not involving a public offering.

 

The forms of the Pre-Funded Warrants, the Common Warrants, and the August 2026 Securities Purchase Agreement are furnished as Exhibit 4.1, Exhibit 4.2, and Exhibit 10.1 to this Report on Form 6-K, respectively, and the description above is qualified in its entirety by reference to the full text of such exhibits.

 

Letter Agreement

 

On August 3, 2026, the Company entered into a letter agreement, dated as of August 3, 2026 (the “Legal Services Supplement”), with Bevilacqua PLLC (“BPLLC”), a provider of certain legal services to the Company. The Legal Services Supplement amends and supplements the Company’s existing engagement letters with BPLLC dated October 30, 2024, June 3, 2025, December 31, 2025, and May 29, 2026 (collectively, the “Prior Engagement Letters”). As of July 31, 2026, the Company had an outstanding balance owed to BPLLC under the Prior Engagement Letters of $637,157.36, consisting of $31,250.01 for certain SEC maintenance services and $605,907.75 for certain other services (the “Non-SEC Maintenance Services”).

 

Pursuant to the Legal Services Supplement, BPLLC agreed to apply a 15% discount to the balance owed for the Non-SEC Maintenance Services, reducing that balance from $605,907.75 to $515,021.59. The Company also agreed to issue to BPLLC Class A Ordinary Shares having a value of $100,000, at a 20% discount to the market price of the Class A Ordinary Shares (the “Equity Consideration”), which will further reduce the balance owed for the Non-SEC Maintenance Services by $100,000 upon issuance. BPLLC will be entitled to piggyback registration rights with respect to the Equity Consideration, subject to customary underwriter cutbacks and other standard terms. In addition, upon execution of the Legal Services Supplement, the Company agreed to pay BPLLC a minimum of $250,000, and to use commercially reasonable efforts to pay $300,000, to be applied to the balance owed for the Non-SEC Maintenance Services. The remaining balance under the Prior Engagement Letters remains due and payable in accordance with their terms, except as otherwise provided in the Legal Services Supplement.

 

A copy of the Legal Services Supplement is furnished as Exhibit 10.2 to this Report on Form 6-K, and the description above is qualified in its entirety by reference to the full text of such exhibit.

 

 

 

 

Forward-Looking Statements

This report includes “forward-looking statements” within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, 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. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements, including, without limitation, the risks and uncertainties described in Exhibit 99.2 to the Report on Form 6-K/A furnished by the Company with the SEC on July 29, 2026. 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. 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. 

Incorporation by Reference

 

This Report on Form 6-K is incorporated by reference into the Company’s registration statements on Form F-3 (File Nos. 333-287226, 333-289429, 333-286198, 333-286202, 333-251990, 333-276880, 333-293286, and 333-294414) and Form S-8 (File Nos. 333-258543 and 333-291732) and the prospectuses thereof and any prospectus supplements or amendments thereto.

 

Exhibit No.   Description
4.1   Form of Pre-Funded Ordinary Shares Purchase Warrant issuable pursuant to the Securities Purchase Agreement, dated as of August 7, 2026, between Fusion Fuel Green PLC and the other parties signatory thereto
4.2   Form of Ordinary Shares Purchase Warrant issuable pursuant to the Securities Purchase Agreement, dated as of August 7, 2026, between Fusion Fuel Green PLC and the other parties signatory thereto
10.1   Form of Securities Purchase Agreement, dated as of August 7, 2026, between Fusion Fuel Green PLC and the other parties signatory thereto
10.2   Letter Agreement, dated as of August 3, 2026, between Fusion Fuel Green PLC and Bevilacqua PLLC

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Fusion Fuel Green PLC
  (Registrant)
   
Date: August 7, 2026 /s/ Frederico Figueira de Chaves
  Frederico Figueira de Chaves
  Chief Executive Officer and Interim Chief Financial Officer

 

 

 

Filing Exhibits & Attachments

6 documents