Fusion Fuel (HTOO) Green shared a comprehensive shareholder update, spotlighting key operational milestones and strategic developments. The company has taken a number of steps to regain compliance with its Nasdaq listing requirements. Following the 2024 insolvency filing of its Portuguese subsidiary and related damages claim issued against an investor and its principal, Fusion Fuel acquired a controlling stake of Quality Industrial Corp., and its profitable operating business. Between November 2024 and January 2025, Al Shola Gas recorded approximately $3.5million in new orders and renewals, including an exclusive LPG supply renewal and projects across the manufacturing, hospitality, and construction sectors. In May 2025, the Company entered into a non-binding Heads of Terms to acquire a UK-based fuel distribution company through a structured transaction valued at approximately GBP 50 million.
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