Business Context and Reporting Period
This Form 6-K filing by Fusion Fuel Green PLC covers the month of July 2026. The report details the status of an At The Market (ATM) Offering Agreement entered into on May 16, 2025, with H.C. Wainwright & Co., LLC as the sales agent for the sale of Class A ordinary shares.
Key Financial Metrics
- Shares Sold to Date: 256,597 Class A Ordinary Shares.
- Gross Proceeds to Date: Approximately $2,808,808 (before fees and expenses).
- Maximum Aggregate Offering Price (New Supplement): $6,619,798.
- Commission Rate: 3.0% of gross proceeds.
- Expense Reimbursement Cap: Up to $60,000 for legal counsel fees and up to $5,000 per due diligence update session.
- Historical Context (Prior ATM): Under a terminated agreement with B. Riley and others, the company previously raised approximately $10.2 million in gross proceeds and paid $0.3 million in commissions.
Note: The filing does not provide data on revenue, profit, cash flow, margins, debt, or liquidity.
Material Changes
- Registration Statement Transition: Sales under the prior "shelf" Registration Statement (effective May 13, 2022) ceased on December 12, 2025, when a new Registration Statement (effective December 12, 2025) became effective.
- Prospectus Supplement: On July 29, 2026, the company filed a prospectus supplement relating to the offer and sale of shares under the current Offering Agreement with a maximum aggregate offering price of $6,619,798.
- Sales Activity: No sales occurred under the Offering Agreement on or after December 12, 2025, until the filing of this report.
Outlook, Risks, and Management Commentary
- Discretionary Sales: The company is not obligated to make any new sales under the Offering Agreement. There is no assurance regarding the price, amount, or timing of future sales.
- Termination Rights: The company may terminate the agreement with ten business days' prior notice. Wainwright may terminate the agreement at any time. Either party may suspend the offering.
- Legal Obligations: The company has agreed to indemnify Wainwright against certain liabilities, including those under the Securities Act.
Investor Verification Checklist
- Verify the current market price of Class A Ordinary Shares to assess the potential dilution impact of the $6.6 million offering capacity.
- Review the full text of the Offering Agreement (Exhibit 10.1) for specific covenants and conditions not detailed in this summary.
- Confirm the company's current cash position and burn rate to understand the necessity and timing of future share sales.
- Check for any subsequent filings regarding the actual execution of sales under the new prospectus supplement filed on July 29, 2026.