Fusion Fuel Green PLC (Nasdaq: HTOO) has announced a 1-for-35 reverse share split of its Class A Ordinary Shares, a move aimed at regaining compliance with Nasdaq's minimum bid price requirement. The reverse split, effective at the market open on Monday, July 14, 2025, will reduce the number of outstanding Class A shares from approximately 27.4 million to about 783,376. This adjustment is intended to elevate the share price to meet Nasdaq's standards, with shareholders not required to take any action as the changes will be automatically applied to their accounts. The company's authorized share capital will stay at 100 million shares, with the nominal value per share adjusted to $0.0035. For further information, visit https://ibn.fm/4IlCY.
Fusion Fuel Green PLC Announces Reverse Share Split to Meet Nasdaq Compliance
TL;DR
Fusion Fuel Green's 1-for-35 reverse share split aims to boost Nasdaq compliance, potentially enhancing investor confidence and stock value for competitive gains.
Fusion Fuel Green executes a 1-for-35 reverse share split, reducing outstanding shares to 783,376 to meet Nasdaq's minimum bid price requirement, effective July 14, 2025.
Fusion Fuel Green's strategic move towards Nasdaq compliance supports sustainable energy solutions, contributing to a greener future and decarbonization efforts.
Discover how Fusion Fuel Green's reverse share split and focus on hydrogen solutions mark a bold step in energy innovation and market strategy.
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