02:00 PM EDT, 05/15/2024 (MT Newswires) -- Fusion Fuel Green ( HTOO ) said Wednesday it received a deficiency notice from Nasdaq for not meeting the required minimum $10 million shareholders' equity under the exchange's listing rules.

The company reported about $3 million in shareholders' equity for the fiscal year ended Dec. 31.

Fusion Fuel said it intends to submit a plan to regain compliance within 45 days from the date of notice.

The company shares were down nearly 5% in recent trading.

Price: 1.24, Change: -0.06, Percent Change: -4.62