Fusion Fuel Closes $1.3 Million Follow-On Financing
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Fusion Fuel Green PLC has completed a $1.3 million private placement of senior convertible notes, maturing in August 2026 with an 8% annual interest rate.
March 04, 2025 | 12:15 pm
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Fusion Fuel Green PLC has successfully closed a $1.3 million private placement of senior convertible notes, which will mature in August 2026 and carry an 8% annual interest rate.
The successful closing of the $1.3 million financing provides Fusion Fuel with additional capital, which can be used for growth and operational needs. The terms of the notes, including the 8% interest rate and maturity in 2026, are favorable for the company, suggesting a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100