SCHEDULE: Bower Four Capital, Lipschitz Disclose 6.52% Stake in Fusion Fuel Green

Bower Four Capital Corp and Gregory Lipschitz have jointly disclosed a 6.52% beneficial ownership stake in Fusion Fuel Green PLC, totaling 139,328 Class A Ordinary Shares.

Summary

• Bower Four Capital Corp, a Bahamas entity, and Gregory Lipschitz, a Canadian citizen, jointly reported beneficial ownership of 139,328 Class A Ordinary Shares of Fusion Fuel Green PLC.
• This ownership represents 6.52% of the outstanding Class A Ordinary Shares, based on 2,136,888 shares outstanding as of December 17, 2025.
• Gregory Lipschitz serves as the Managing Director of Bower Four Capital Corp and holds sole voting and investment power over the securities held by it.
• The reporting persons also hold pre-funded warrants to purchase 99,452 Class A Ordinary Shares at an exercise price of $0.0035 per share.
• Additionally, they hold warrants to purchase 284,705 Class A Ordinary Shares at an exercise price of $3.50 and 174,495 Class A Ordinary Shares at an exercise price of $5.00.
• These warrants are exercisable immediately, but their exercise is subject to a Beneficial Ownership Limitation, currently set at 4.99% of the total outstanding shares.
• Due to this limitation, the reporting persons cannot currently exercise the warrants and do not beneficially own the underlying shares.
• The filing certifies that the securities were not acquired or held for the purpose of changing or influencing the control of Fusion Fuel Green PLC.

Sentiment

Score: 5

Explanation: Neutral, as this is a standard disclosure of a passive ownership stake and does not contain operational or financial performance information.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Increased transparency regarding significant shareholders.
• Potential for future influence if the beneficial ownership limitation is increased and warrants are exercised.

Key Dates

Recommendation

This Schedule 13G filing is a routine disclosure of a passive ownership stake by Bower Four Capital Corp and Gregory Lipschitz in Fusion Fuel Green PLC. It does not contain new operational, financial, or strategic information that would fundamentally alter the investment thesis for the company. The disclosed 6.52% stake is significant but is explicitly stated as not being for the purpose of influencing control. Therefore, without additional information, a 'hold' recommendation is appropriate, maintaining any existing investment position based on prior analysis of the company's fundamentals.

Keywords

Fusion Fuel Green PLC, Bower Four Capital Corp, Gregory Lipschitz, Schedule 13G, Beneficial Ownership, Class A Ordinary Shares, Shareholder Disclosure, Passive Investment, G3R25D209