Fusion Fuel Green PLC announced on January 16, 2025, that its pro forma stockholders’ equity as of January 10, 2025, is approximately $12.0 million. This figure represents a significant improvement in the company's financial position.
This strengthened equity position reflects the impact of several recently completed transactions. These include the acquisition of Quality Industrial Corp. in November 2024 and the financing activities concluded on January 10, 2025.
The reported pro forma equity of $12.0 million indicates that Fusion Fuel has surpassed the Nasdaq minimum $10,000,000 stockholders’ equity requirement for continued listing. This development is crucial for the company's ongoing efforts to maintain its Nasdaq listing.
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