Fusion Fuel Green PLC Announces Reverse Share Split to Meet Nasdaq Compliance

Fusion Fuel Green PLC (Nasdaq: HTOO) has announced a 1-for-35 reverse share split of its Class A Ordinary Shares, a decisive action aimed at regaining compliance with Nasdaq's minimum bid price requirement. This adjustment is scheduled to become effective at the market open on Monday, July 14, 2025, reducing the number of outstanding Class A shares from approximately 27.4 million to about 783,376. The reverse split is a strategic effort to elevate the share price to meet Nasdaq's standards, ensuring the company's continued listing on the exchange. Shareholders are not required to take any action, as the changes will be automatically updated in their accounts.

The authorized share capital of Fusion Fuel Green PLC will remain at 100 million shares, with the nominal value per share adjusted to $0.0035 post-split. This move underscores the company's commitment to maintaining its Nasdaq listing, a critical factor for investor confidence and access to capital markets. For further information on this development, interested parties can visit https://ibn.fm/4IlCY.

Reverse stock splits are often employed by companies facing delisting threats due to their stock price falling below exchange minimums. By consolidating shares, companies can artificially inflate their stock price, though this does not inherently change the company's market capitalization. Fusion Fuel Green PLC's decision reflects a proactive approach to navigate regulatory challenges while positioning itself for future growth. The effectiveness of this strategy will depend on market reception and the company's ability to sustain its share price above Nasdaq's threshold in the long term.