Lantern Fund discloses 9.99% Fusion Fuel Green PLC (HTOO) stake
Rhea-AI Filing Summary
Fusion Fuel Green PLC received a Schedule 13G from investment fund Lantern Management Fund LP, disclosing beneficial ownership of 1,749,184 Class A Ordinary Shares, or 9.99% of the class. This stake includes 1,519,559 warrants that are immediately exercisable but subject to a 9.99% ownership cap.
Lantern holds 229,625 shares plus pre-funded warrants for 281,815 shares at an exercise price of $0.0035, warrants for 786,886 shares at $3.50, and warrants for 450,858 shares at $5.00. The percentage is based on 2,345,718 shares outstanding as of January 26, 2026.
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FAQ
What ownership stake in HTOO does Lantern Management Fund report?
Lantern Management Fund LP reports beneficial ownership of 1,749,184 Fusion Fuel Green PLC Class A Ordinary Shares, equal to 9.99% of the class. This percentage is calculated using 2,345,718 shares outstanding as of January 26, 2026, as provided by the company.
How is Lantern Management Fund’s 9.99% position in HTOO structured?
Lantern’s 9.99% beneficial ownership combines 229,625 Class A shares with 1,519,559 warrants. These include pre-funded warrants and standard warrants at different exercise prices, all counted only to the extent total ownership does not exceed the 9.99% cap.
What is the 9.99% beneficial ownership limitation in Lantern’s HTOO warrants?
The warrants prevent exercise if Lantern’s beneficial ownership would exceed 9.99% of outstanding Class A shares. As a result, Lantern is deemed to beneficially own warrant shares only up to the level where its total ownership remains at or below that threshold.
Who controls voting and investment decisions for Lantern’s HTOO holdings?
Lantern Management Fund GP is the general partner of Lantern Management Fund LP. Voting and investment decisions for Fusion Fuel Green PLC securities are made by the GP’s investment committee, which has three members and acts by majority vote, according to the disclosure.