![](https://investorshub.advfn.com/uicon/509452.png?cb=1489404229)
Wednesday, May 15, 2024 1:34:12 PM
May 15, 2024
https://ir.fusion-fuel.eu/news-releases/news-release-details/fusion-fuel-green-receives-notice-nasdaq-regarding-companys
DUBLIN, Ireland, May 15, 2024 (GLOBE NEWSWIRE) -- Fusion Fuel Green PLC (Nasdaq: HTOO) (“Fusion Fuel” or the “Company”), an emerging leader in the green hydrogen sector, today announced that on May 8, 2024, the Company received a deficiency notice (the “Notice”) from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, since the Company’s Form 20-F for the fiscal year ended December 31, 2023 reported shareholders’ equity of $3,022,125, the Company no longer complied with Nasdaq listing rules (the “Rules”) requiring companies listed on the Nasdaq Global Market to maintain a minimum of $10,000,000 in shareholders’ equity.
Under the Rules, the Company has 45 calendar days from the date of the Notice to submit a plan (the “Plan”) to regain compliance. If the Plan is accepted, Nasdaq can grant an extension of up to 180 calendar days from the date of the Notice to evidence compliance. The Notice further stated that, alternatively, the Company may apply to transfer the Company’s securities from The Nasdaq Global Market to The Nasdaq Capital Market. The Company intends to submit a Plan within the time allowed by the Rules and/or apply to transfer its securities to The Nasdaq Capital Market. However, there can be no assurance that Nasdaq will accept the Plan or that the Company will be able to regain compliance with the Rules, or that Nasdaq would approve the Company’s application to list on The Nasdaq Capital Market.
The Notice has no immediate effect on the listing of the Class A Ordinary Shares, which will continue to trade on the Nasdaq Global Market under the symbol “HTOO” without interruption at this time.
About Fusion Fuel Green plc
Fusion Fuel is an emerging leader in the green hydrogen sector committed to accelerating the energy transition through the development of disruptive, clean hydrogen solutions. Fusion Fuel’s patented miniaturized Proton Exchange Membrane (PEM) electrolyzer – the HEVO – and building-block approach to green hydrogen production, unlock unprecedented modularity, flexibility, and reliability in the design and deployment of small-to-midscale green hydrogen solutions. Its business lines include the sale of its electrolyzer systems, the development and sale of turnkey hydrogen plants, and the provision of end-to-end project engineering and advisory services. Learn more about Fusion Fuel by visiting our website at https://www.fusion-fuel.eu, and by following us on LinkedIn.
Investor Relations Contact
ir@fusion-fuel.eu
Recent HTOO News
- Fusion Fuel Green Hosts First Quarter 2024 Investor Update • GlobeNewswire Inc. • 06/05/2024 10:05:00 AM
- Fusion Fuel Secures 100 kW Electrolyzer Contract for Hospital in Iberia • GlobeNewswire Inc. • 06/05/2024 09:00:00 AM
- Fusion Fuel Announces First Quarter 2024 Webcast Date • GlobeNewswire Inc. • 05/31/2024 10:00:07 AM
- Fusion Fuel Green Receives Notice from Nasdaq Regarding Company’s Shareholders’ Equity • GlobeNewswire Inc. • 05/15/2024 03:59:46 PM
- Fusion Fuel Receives Provisional Grant Approval for 25 MW HEVO-Aveiro Green Hydrogen Project • GlobeNewswire Inc. • 03/20/2024 09:00:00 AM
- Fusion Fuel Green Hosts Fourth Quarter 2023 Investor Update • GlobeNewswire Inc. • 03/06/2024 11:55:09 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 03/06/2024 11:25:56 AM
- Fusion Fuel Receives €1 Million Grant from European Innovation Fund for Alentejo Green Hydrogen Valley through H2tALENT Consortium • GlobeNewswire Inc. • 03/04/2024 09:00:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 02/27/2024 09:00:06 PM
- Fusion Fuel Announces Fourth Quarter 2023 Webcast Date • GlobeNewswire Inc. • 02/22/2024 10:00:00 PM
- Fusion Fuel Receives Notification of IPCEI Approval from European Commission for 630 MW HEVO-Portugal Project • GlobeNewswire Inc. • 02/16/2024 09:00:00 AM
- Form F-3 - Registration statement by foreign private issuers • Edgar (US Regulatory) • 02/06/2024 12:34:14 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 12/28/2023 09:00:16 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 12/04/2023 11:10:09 AM
- Fusion Fuel Green Hosts Third Quarter 2023 Investor Update • GlobeNewswire Inc. • 12/04/2023 11:10:00 AM
- Alaska Air Acquires Hawaiian Holdings, Spotify Cuts 1,500 Jobs, Uber’s S&P 500 Entry, and More • IH Market News • 12/04/2023 10:55:07 AM
- Fusion Fuel Receives Purchase Order for 1.25 MW HEVO-Chain Electrolyzer • GlobeNewswire Inc. • 11/30/2023 09:00:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 11/27/2023 11:15:05 AM
- Fusion Fuel Green Announces Strategic Tranched Financing from Belike Nominees Pty Ltd., a Macquarie Group Company • GlobeNewswire Inc. • 11/27/2023 11:00:00 AM
- Fusion Fuel Announces Third Quarter 2023 Webcast Date • GlobeNewswire Inc. • 11/21/2023 09:00:00 AM
- Fusion Fuel Receives Purchase Order from Portuguese Energy Company for 1.25 MW Electrolyzer Facility • GlobeNewswire Inc. • 11/08/2023 09:00:21 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 11/07/2023 09:45:05 PM
- Fusion Fuel Green Receives Nasdaq Deficiency Notice Regarding Minimum Bid Price Requirement • GlobeNewswire Inc. • 11/07/2023 09:30:56 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 10/02/2023 08:00:05 PM
- Fusion Fuel Receives Purchase Order for 300 kW Electrolyzer and Balance of Plant System from Leading Global Building Solutions Supplier • GlobeNewswire Inc. • 09/27/2023 07:00:00 AM
ECGI Holdings Announces LOI to Acquire Pacific Saddlery to Capitalize on $12.72 Billion Market Potential • ECGI • Jun 13, 2024 9:50 AM
Fifty 1 Labs, Inc. Announces Major Strategic Advancements and Shareholder Updates • CAFI • Jun 13, 2024 8:45 AM
Snakes & Lattes Opens Pop-Up Location at The Wellington Market in Toronto: A New Destination for Fun and Games - Thanks 'The Well', PepsiCo, Indie Pale House & All Sponsors & Partners for Their Commitment & Assistance Throughout The Process • FUNN • Jun 13, 2024 8:18 AM
HealthLynked Introduces Innovative Online Medical Record Request Form Using DocuSign • HLYK • Jun 12, 2024 8:00 AM
Ubiquitech Software Corp (OTC:UBQU) Posts $624,585 Quarterly Revenue - Largest Quarter Since 2018 • UBQU • Jun 11, 2024 10:13 AM
Element79 Gold Corp Files for OTCQB Uplisting, Provides Financial Update • ELEM • Jun 11, 2024 9:25 AM