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Fusion Fuel Green PLC

HTOO Nasdaq Industrials · Misc Industrial & Commercial Machinery & Equipment Dublin, Ireland www.fusion-fuel.eu
$2.00
Mkt Cap 37.0M
Corporate History of Fusion Fuel Green PLC Fusion Fuel Green PLC was incorporated in Ireland on April 3, 2020 as a private limited company under the name Dolya Holdco 3 Limited . On July 14, 2020, the…

Corporate History of Fusion Fuel Green PLC Fusion Fuel Green PLC was incorporated in Ireland on April 3, 2020 as a private limited company under the name Dolya Holdco 3 Limited . On July 14, 2020, the Company changed its name to Fusion Fuel Green Limited. On October 2, 2020, the Company converted into a public limited company incorporated in Ireland under the name Fusion Fuel Green PLC . On December 10, 2020, the Company completed a business combination pursuant to that certain Amended and Restated Business Combination Agreement, dated as of August 25, 2020 (the Business Combination Agreement ), among the Company, HL Acquisitions Corp., a British Virgin Islands business company ( HL ), Fusion Welcome - Fuel, S.A., a public limited company domiciled in Portugal, now known as Fusion Fuel Portugal, S.A. ( Fusion Fuel Portugal ), Fusion Fuel Atlantic Limited, a British Virgin Islands business company and wholly owned subsidiary of the Company ( Merger Sub ), and the shareholders of Fusion Fuel Portugal ( Fusion Fuel Shareholders ). Pursuant to the Business Combination Agreement, (i) Merger Sub merged with and into HL (the Merger ), with HL being the surviving entity of the Merger and becoming a wholly-owned subsidiary of the Company, and (ii) the Company acquired all of the issued and outstanding shares of Fusion Fuel Portugal. As a result of this business combination transaction, Fusion Fuel Portugal and HL became wholly-owned subsidiaries of the Company and the former security holders of Fusion Fuel Portugal and HL became security holders of the Company.

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REVENUE TTM
$1.7M
FCF TTM
-$10.4M
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