Majority Owner Fusion Fuel Green Converts Preferred Stock, Increases Common Stake to 51.9%
HTOO is trading near its 52-week low of $2.433 (2.3% above the low) on light trading volume (0.2× avg).
Summary
Fusion Fuel Green PLC, the majority owner of Quality Industrial Corp., converted 8.5 million shares of Series B Preferred Stock into common stock, increasing its beneficial ownership to 51.9% of the outstanding shares.
Key Events · Ownership and Investor Activity · HTOO
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Preferred Stock Conversion
Fusion Fuel Green PLC converted 8,500 shares of Series B Convertible Preferred Stock into 8,500,000 shares of Quality Industrial Corp. common stock on February 23, 2026, without cash consideration.
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Increased Majority Ownership
Following the conversion, Fusion Fuel Green PLC now beneficially owns 100,312,334 shares, representing 51.9% of Quality Industrial Corp.'s outstanding common stock, solidifying its majority control.
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Potential Dilution
The conversion significantly increases the number of common shares outstanding, which could lead to dilution for existing common shareholders.
Analysis · HTOO · Technology
This Schedule 13D/A filing reports a significant capital structure event where Fusion Fuel Green PLC converted 8.5 million shares of Series B Convertible Preferred Stock into common stock. This conversion, which occurred without cash consideration, solidifies Fusion Fuel Green PLC's majority control, bringing its total beneficial ownership to 51.9% of Quality Industrial Corp.'s outstanding common shares. While it strengthens the majority owner's position, the increase in common shares could be viewed as significantly dilutive for existing common shareholders, especially as the stock trades near its 52-week low. Investors should monitor the implications of this increased control and the potential impact of the expanded share count on per-share metrics.
How filings like this one have moved
In the 30 days to Sep 13, 2026, 42% of the 419 measured filings Wiseek scored 9 moved their stock by 5% or more by the next session's close. The median move was -0.47%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, HTOO was trading at $2.49 on NASDAQ in the Technology sector, with a market capitalization of approximately $6M. The 52-week trading range was $2.43 to $13.62. This filing was assessed with negative market sentiment and an importance score of 9 out of 10.