Welcome to our dedicated page for Fitell Corporation news (Ticker: FTEL), a resource for investors and traders seeking the latest updates and insights on Fitell Corporation stock.
Fitell Corporation (FTEL) delivers innovative fitness solutions through its online equipment marketplace and boutique studio licensing services. This news hub provides investors and industry professionals with essential updates about the company's operations in Australia's dynamic fitness sector.
Access timely press releases and curated news coverage spanning product launches, strategic partnerships, and market expansions. Our centralized repository simplifies tracking FTEL's developments in both equipment retail and fitness service licensing segments.
Discover updates about key business areas including e-commerce platform enhancements, licensing program updates, and industry leadership changes. All content undergoes strict verification to ensure accuracy and relevance for stakeholders monitoring the fitness equipment and boutique gym markets.
Bookmark this page for streamlined access to FTEL's latest announcements. Combine regular check-ins with our updates to maintain informed perspective on the company's position within Australia's evolving fitness landscape.
Fitell Corporation (NASDAQ: FTEL) announced a $50 million convertible note financing dated November 6, 2025 to fund the launch of 2F Robotics, a joint venture developing AI-driven robotics for home, kitchen, fitness and industrial markets. Proceeds will be converted to stablecoins and held with a U.S. custodian and may be allocated to 2F Robotics, corporate treasury, or fitness operations subject to market conditions.
Fitell will retain majority ownership and full IP rights in 2F Robotics and will partner with GZ Fukonn Vanguard Intelligent Technology for product development. Treasury diversification will include cash, stablecoins, Solana (SOL) and PUMP.
Fitell Corporation (NASDAQ: FTEL) announced it has regained compliance with Nasdaq Listing Rule 5550(a)(2) after maintaining a closing bid price of at least $1.00 per share for 16 consecutive business days from September 23, 2025 to October 14, 2025. Nasdaq notified the company on October 15, 2025 that the matter is closed.
Fitell operates through its wholly owned subsidiary GD Wellness, selling gym and fitness equipment under three proprietary brands—Muscle Motion, Rapid Motion, FleetX—across more than 2,000 SKUs and serving over 100,000 customers.
Fitell Corporation (NASDAQ: FTEL) received a 180-calendar-day extension from Nasdaq’s Listing Qualifications Department to regain compliance with the minimum bid price requirement under Rule 5550(a)(2), extending the cure period to March 30, 2026. Nasdaq noted Fitell meets the market value of publicly held shares and other initial listing requirements except the bid price.
Fitell implemented a 1-for-16 share consolidation, effective September 23, 2025, intended to stabilize its stock price and help restore compliance. The company operates online gym and fitness retail via subsidiary GD Wellness and reports serving over 100,000 customers and offering >2,000 SKUs.
Fitell Corporation (NASDAQ: FTEL) has announced the purchase of 216.8 million Pump.fun (PUMP) tokens for its corporate treasury at a total cost of $1.5 million on October 1, 2025. This marks the company's first direct acquisition of PUMP tokens, which are native to the Pump.fun launchpad on Solana.
Fitell, through its subsidiary GD Wellness Pty Ltd, operates as an online retailer of gym and fitness equipment in Australia. The company maintains a portfolio of proprietary brands including Muscle Motion, Rapid Motion, and FleetX, offering over 2,000 SKUs and serving more than 100,000 customers.
Fitell Corporation (NASDAQ:FTEL) has announced plans to add PUMP tokens to its corporate treasury, becoming the first publicly listed company to establish a PUMP Treasury Reserve. The strategic move extends Fitell's presence in the Solana ecosystem, particularly through Pump.fun, a revenue-generating token launchpad on the Solana blockchain.
The PUMP token serves as the platform's economic engine, with platform fees contributing to token buybacks and burns, creating deflationary pressure. Fitell aims to leverage Solana's blockchain for loyalty programs and consumer engagement initiatives across its fitness ecosystem, while considering additional digital assets like USDC and Worldcoin to support these efforts.
Fitell Corporation (NASDAQ: FTEL) has completed its initial purchase of 46,144 Solana (SOL) tokens for approximately $10 million, marking the first strategic acquisition under its newly announced Solana treasury initiative. This purchase follows the first closing of the company's recently announced $100 million financing facility.
Under the facility's terms, at least 70% of net proceeds from each subsequent closing will be allocated to cryptocurrency acquisitions for the treasury reserve, with the remainder designated for crypto operations, on-chain initiatives, and working capital. The company plans to make additional SOL purchases using proceeds from the first closing.
Fitell Corporation (NASDAQ: FTEL) has announced a groundbreaking initiative to establish Australia's first Solana-based digital asset treasury, supported by a $100M financing facility. The company aims to become Australia's largest publicly listed SOL holder, with an initial $10M deployment for SOL purchases.
The company has appointed David Swaney and Cailen Sullivan as treasury advisors to implement DeFi strategies for generating yields through options, snowballs, and on-chain liquidity provisioning. Fitell plans to dual-list on the Australian Securities Exchange (ASX) and rebrand to "Solana Australia Corporation". The company will custody initial SOL assets with BitGo Trust Company and implement institutional-grade staking infrastructure.
Fitell Corporation (Nasdaq: FTEL), an Australian online retailer of gym and fitness equipment, has announced a 1-for-16 share consolidation effective September 23, 2025. The consolidation will adjust the par value from $0.0001 to $0.0016 per share.
The move aims to ensure FTEL meets Nasdaq Capital Market's minimum bid price requirement for continued listing. The consolidation, approved by shareholders on April 9, 2025, will automatically convert every 16 shares into one share, with fractional shares rounded up. The stock will continue trading under "FTEL" with a new CUSIP number G35150138.
Fitell (FTEL), an Australian online retailer of gym and fitness equipment, has received a notification from Nasdaq regarding non-compliance with the minimum bid price requirement. The company's shares have traded below $1.00 for 30 consecutive business days.
Fitell has been granted a 180-day compliance period until September 29, 2025, to meet the minimum closing bid price requirement. The company can regain compliance if its shares maintain a closing bid price of at least $1.00 for a minimum of ten consecutive business days. If unsuccessful, Fitell may be eligible for an additional 180-day extension, provided it meets other listing requirements.
The notification has no immediate impact on Fitell's Nasdaq listing, trading activities, or business operations. The company is considering implementing a reverse stock split as a potential solution to regain compliance.
Fitell (Nasdaq: FTEL), an Australian online retailer of gym and fitness equipment, has announced its upcoming Extraordinary General Meeting (EGM) scheduled for April 9, 2025 at 10:00 a.m. local time in Guangzhou, China.
The meeting will address five key proposals:
- Share Capital Reorganisation
- Charter Amendment
- Share Repurchase and Issuance
- Share Consolidation
- Share Consolidation Memorandum Amendment
Registered shareholders as of March 12, 2025 (record date) are eligible to attend and vote. The company distributed the EGM Notice on March 24, 2025, and filed a 6-K report with the SEC containing detailed information about the proposals.
FAQ
What is the current stock price of Fitell Corporation (FTEL)?
What is the market cap of Fitell Corporation (FTEL)?
