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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90