Mergers & Acquisitions ·
Fusion Fuel Green issues $2M of shares for stake in Al Shola Gas Distribution L.L.C
HTOOFusion Fuel Green PLC
On September 23, 2026, Fusion Fuel Green PLC entered into a Share Exchange Agreement to issue an aggregate of 500,000 Class A ordinary shares valued at $2,000,000 (at $4.00 per share) to three investors: Sanjeeb Safir (40%), Safir Ahammed (40%), and Mohamed Hilal Saeed Muroushad Almheiri (20%). These shares serve as partial consideration for the acquisition of additional equity in Al Shola Gas Distribution L.L.C., a UAE company, through the Company's majority-owned subsidiary Quality Industrial Corp. The transaction is subject to Nasdaq listing approval and other customary closing conditions, with a fallback cash payment obligation if not closed by December 31, 2026. Fusion Fuel Green PLC operates in the energy sector, focusing on green fuel production.