Research analysts covering Fitell.
Recent press releases and 8-K filings for FTEL.
Fitell Corporation Announces Share Consolidation
FTEL
Proxy Vote Outcomes
- Fitell Corporation announced a share consolidation that will become effective on January 8, 2026.
- The consolidation ratios are 1-for-8 for Class A ordinary shares and 1-for-2 for Class B ordinary shares.
- As a result, the outstanding Class A ordinary shares will be reduced from 9,666,791 to 1,208,349, and Class B ordinary shares will be reduced from 402,500 to 201,250 as of January 5, 2026.
- The Share Consolidation was approved by the Company’s shareholders on December 12, 2025, and the Board of Directors fixed the consolidation ratios on December 16, 2025.
- The company's Class A ordinary shares are expected to begin trading on a post-consolidation basis at the open of the market session on January 8, 2026.
Jan 5, 2026, 9:30 PM
Fitell Corporation Announces Interim Dividend and Shareholder Loyalty Program
FTEL
Dividends
- Fitell Corporation's board has declared an interim dividend of $0.10 per share, payable in cash on January 13, 2026, to shareholders of record as of December 30, 2025.
- The company also announced a one-time Shareholder Loyalty Program offering up to $0.15 per share.
- To be eligible for the loyalty program, shareholders must transfer their shares into book-entry form with the company's transfer agent by December 29, 2025, and maintain continuous ownership for 30, 60, or 90 calendar days to receive payments in tranches of $0.05 each.
- The enrollment and election period for the loyalty program runs from December 29, 2025, to March 28, 2026.
- Insiders, including officers, directors, and employees, are not eligible to participate in the Shareholder Loyalty Program.
Dec 26, 2025, 6:58 PM
Fitell Corporation Unveils AI-Driven Robot Chef and Commences Share Repurchase Program
FTEL
Product Launch
New Projects/Investments
Share Buyback
- Fitell Corporation announced the launch of 2FCulinary AI, its first AI-driven personal robot chef, developed by its joint venture, 2F Robotics, on December 15, 2025.
- The 2FCulinary AI system is designed to deliver personalized and nutrition-customizable meals, targeting fitness and wellness consumers, and is backed by Fitell's recently announced $50 million stablecoin-based financing.
- Separately, Fitell established a share repurchase account for its $3.0 million share repurchase program, which is expected to commence on December 15, 2025.
Dec 15, 2025, 1:30 PM
Fitell Announces Share Repurchase Program
FTEL
Share Buyback
- Fitell Corporation's board of directors authorized a share repurchase program on November 27, 2025.
- Under the program, the company may repurchase up to $3.0 million of its outstanding Class A ordinary shares over a period of 24 months.
- The program is designed to enhance shareholder value and is expected to be funded using the company's existing cash and future operating cash flows.
Dec 1, 2025, 1:30 PM
Fitell Corporation Announces Fiscal Year 2025 Results and Strategic Initiatives
FTEL
Earnings
Revenue Acceleration/Inflection
New Projects/Investments
- Fitell Corporation announced Fiscal Year 2025 results with revenue of $5.20 million, a 16.4% increase year over year, and a net loss of $0.68 million, an improvement of 92.7% year over year.
- Gross profit for FY2025 rose 28.8% year over year to $2.04 million, resulting in a gross margin of 39.3%, up 380 basis points.
- Total operating expenses significantly decreased by 61.6% year over year to $3.68 million, contributing to improved profitability.
- The company's cash and cash equivalents increased to $2.9 million as of June 30, 2025, from $0.9 million a year prior.
- Post year-end, Fitell launched a Solana-based digital-asset treasury initiative in September 2025 with a $15 million closing and secured $50 million in stablecoin-linked financing in November 2025 to establish 2F Robotics for AI-driven advanced robotic systems.
Nov 17, 2025, 1:35 PM
Fitell Corporation Announces $50 Million Stablecoin Financing and Launch of 2F Robotics Joint Venture
FTEL
Debt Issuance
New Projects/Investments
Convertible Preferred Issuance
- Fitell Corporation secured $50 million in financing through a senior secured convertible note from a U.S. institutional investor.
- The financing will support the launch of 2F Robotics, a new joint venture focused on developing and commercializing AI-driven robotic technologies for home, kitchen, fitness, and industrial applications.
- 2F Robotics will partner with GZ Fukonn Vanguard Intelligent Technology for product development, with Fitell retaining majority ownership and full intellectual property rights.
- The net proceeds from the financing will be converted to stablecoin assets and held with a U.S. custodian, and Fitell's corporate treasury will be diversified across cash, stablecoins, Solana (SOL), and PUMP.
- The convertible notes carry an annual interest rate of 6.0%, payable monthly in Class A ordinary shares, or optionally in cash, and will increase to 13% upon an Event of Default.
Nov 6, 2025, 1:50 PM
Fitell Corporation Regains Nasdaq Compliance
FTEL
Delisting/Listing Issues
- Fitell Corporation (FTEL) announced on October 16, 2025, that it received notification on October 15, 2025, from Nasdaq that it has regained compliance with the minimum bid price requirement.
- To achieve compliance, the company maintained a closing bid price of at least $1.00 per share for 16 consecutive business days, specifically from September 23, 2025, to October 14, 2025.
- Nasdaq has determined that the matter regarding the minimum bid price requirement is now closed.
Oct 16, 2025, 12:30 PM
Fitell Corporation Completes Second Closing of Convertible Note Issuance
FTEL
Debt Issuance
Convertible Preferred Issuance
New Projects/Investments
- Fitell Corporation completed the second closing of its Securities Purchase Agreement on October 8, 2025, issuing an additional $4 million Series A Senior Secured Convertible Note at a purchase price of $3,920,000.
- This transaction is part of an agreement allowing the company to sell up to an aggregate of $100 million in newly issued senior secured convertible notes.
- The notes bear an annual interest rate of 6.0%, payable monthly, primarily in Ordinary Shares, and are convertible into Class A ordinary shares.
- Net proceeds from the second closing are designated for working capital and general corporate purposes, while at least 70% of net proceeds from any additional closings will be used to purchase certain cryptocurrency.
Oct 8, 2025, 8:30 PM
Fitell Corporation Receives Nasdaq Minimum Bid Price Compliance Extension
FTEL
Delisting/Listing Issues
- Fitell Corporation (FTEL) has received a 180-calendar-day extension from The Nasdaq Stock Market LLC to regain compliance with its minimum bid price requirement.
- The new deadline for compliance is March 30, 2026, by which the company's class A ordinary shares must achieve a closing bid price of at least $1.00 per share for a minimum of ten consecutive business days.
- To address the deficiency, Fitell implemented a 1-for-16 share consolidation, effective September 23, 2025, aiming to stabilize the stock price and enhance its standing on the Nasdaq Capital Market.
Oct 3, 2025, 12:30 PM
Fitell Corporation Purchases PUMP Tokens for Digital Asset Treasury
FTEL
New Projects/Investments
- Fitell Corporation announced the purchase of 216.8 million Pump.fun (PUMP) tokens on October 1, 2025, for a total of $1.5 million.
- These tokens have been allocated to the company's corporate treasury, representing its first direct purchase of PUMP tokens.
- CEO Sam Lu stated that this transaction deepens Fitell's participation in Solana's growth story and diversifies its digital asset treasury.
Oct 2, 2025, 12:40 PM
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