Fusion Fuel Green (NASDAQ: HTOO) Executes Agreement to Acquire Majority Stake in QIND
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Fusion Fuel Green (NASDAQ: HTOO) has entered into an agreement to acquire a majority stake in Quality Industrial Corp. (OTC PINK: QIND), an industrial company in the energy sector. The acquisition involves the transfer of 78,312,334 shares of common stock and 20,000 shares of Series B Preferred Stock, representing approximately 69% of QIND's capital stock.
November 19, 2024 | 3:00 pm
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Fusion Fuel Green is acquiring a 69% stake in Quality Industrial Corp., which could enhance its position in the energy sector.
The acquisition of a majority stake in QIND by Fusion Fuel Green is likely to strengthen its market position and expand its operations in the energy sector, which could positively impact its stock price.
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IMPORTANCE 80
RELEVANCE 90