Fusion Fuel Green PLC has announced its Annual General Meeting set for June 25, 2025, in Dublin, where shareholders will vote on six key proposals, including a critical reverse share split of Class A Ordinary Shares. The proposed split ratios, ranging from 4-to-1 to 40-to-1, are aimed at helping the company meet Nasdaq's $1.00 minimum bid price requirement, a move underscored by CEO John-Paul Backwell as part of the company's commitment to long-term sustainability and growth.
The company, through its subsidiaries Al Shola Gas and BrightHy, provides a broad spectrum of energy engineering and advisory services, focusing on industrial gas solutions and decarbonizing hard-to-abate industries, respectively. The reverse share split is seen as a pivotal strategy to ensure Fusion Fuel Green's continued listing on Nasdaq, facilitating access to capital markets and enhancing investor visibility amidst its exploration of strategic acquisition opportunities and growth momentum in the energy services sector.
