Quality Industrial restructures $10M Al Shola Gas buy; Fusion Fuel to issue $2M shares

Quality Industrial Corp.

Fusion Fuel Green will issue 500,000 Class A shares at $4.00/share ($2M) to Al Shola Gas investors: Sanjeeb Safir 40%, Safir Ahammed 40%, Almheiri 20%; QIND issues $2M common to Fusion Fuel.
Al Shola Gas $10M purchase price restructured: $1.02M already paid, $2M via Parent Shares, $6M and $980K due by Dec 31, 2027; Alternative Payment if shares not issued by Dec 31, 2026.
Each Investor granted QIND a call option through Mar 27, 2027 to buy Al Shola Gas shares at $65,359.48/share; Consideration Securities have a 6-month lock-up, then daily sales capped at 3% of volume.
Amendment No. 2 eliminates QIND obligations to provide debt financing, credit facilities, equity lines, or bank guarantees for Al Shola Gas; non-compete/non-solicit extended from 2 to 4 years.
Al Shola Gas will pay quarterly dividends equal to prior-quarter profits from Q3 2026; closing conditions include Nasdaq listing approval and Irish Takeover Panel approvals.

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