Fitell (NASDAQ: FTEL) granted extra 180 days to meet $1.00 bid price

Rhea-AI Filing Summary

Fitell Corporation reported that it received a notice from Nasdaq confirming it has not yet regained compliance with Nasdaq’s minimum bid price requirement. Under Nasdaq Listing Rule 5810(c)(3)(A), the company has been granted an additional 180 calendar days, until March 30, 2026, for its class A ordinary shares to meet the continued listing standard. To regain compliance, the closing bid price of these shares must be at least $1.00 per share for a minimum of ten consecutive business days during this extension period. The related press release is furnished as an exhibit and is incorporated by reference into certain of the company’s Securities Act registration statements, including its Form F-3.

Positive

• None.

Negative

• Fitell remains out of compliance with Nasdaq’s minimum $1.00 bid price rule and has required an additional 180‑day period, indicating ongoing pressure on its share price relative to listing standards.

Insights

Equity listing & compliance analyst

Fitell remains below Nasdaq’s $1.00 bid price but gains a 180‑day extension.

Fitell Corporation has received confirmation from Nasdaq that it is still not in compliance with the exchange’s minimum bid price rule but has been granted an additional 180 days, until March 30, 2026, to regain compliance. The specific requirement is that the closing bid price of its class A ordinary shares must be at least $1.00 for ten consecutive business days during this period.

This development signals ongoing listing‑standard pressure, even though Nasdaq’s rules allow this further grace period. The notice itself does not change operations, but it highlights that the share price has remained below the required threshold through the initial compliance window.

The company has furnished its press release as an exhibit and incorporated that information by reference into certain registration statements, including its Form F‑3. Future company disclosures will show whether trading in the shares meets the ten‑day, $1.00 closing bid condition before the March 30, 2026 deadline.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 OF THE

SECURITIES EXCHANGE ACT OF 1934

For the month of October 2025

Commission File Number 001-41774

Fitell Corporation

(Translation of registrant’s name into English)

23-25 Mangrove Lane

Taren Point, NSW 2229

Australia

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-F ☒ Form 40-F ☐

Press Release.

On October 3, 2025, Fitell Corporation (the “Company”) issued a press release announcing its receipt of a notice from The Nasdaq Stock Market LLC (“Nasdaq”), stating that although the Company had not regained compliance with the minimum bid price requirement by September 29, 2025, in accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company is eligible for an additional 180 calendar day period, or until March 30, 2026, to regain compliance with the minimum bid price requirement. To regain compliance, the closing bid price of the Company’s class A ordinary shares must meet or exceed $1.00 per share for a minimum of ten consecutive business days during this 180-day period. A copy of the press release is furnished hereto as Exhibit 99.1.

The press release set forth in Exhibit 99.1 is being furnished with the Commission and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act.

Notwithstanding the foregoing, the information in the press release is incorporated by reference into the Company’s registration statements under the Securities Act, statements, including its registration statement on Form F-3 (File No. 333-284232), and shall be a part thereof, to the extent not superseded by documents or reports subsequently filed or furnished.

Exhibit No.		Description
99.1		Press release

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: October 3, 2025	FITELL CORPORATION
	By:	/s/ Yinying Lu
		Yinying Lu
		Chief Executive Officer and Director
		(Principal Executive Officer)

FAQ

What did Fitell Corporation (FTEL) disclose in this Form 6-K?

Fitell Corporation disclosed that it received a notice from Nasdaq stating it has not yet regained compliance with the minimum bid price requirement, but it is eligible for an additional 180‑day period to do so.

What is Nasdaq’s minimum bid price requirement for FTEL shares?

Nasdaq requires the closing bid price of Fitell’s class A ordinary shares to be at least $1.00 per share for a minimum of ten consecutive business days to satisfy the minimum bid price requirement.

How long is Fitell’s new compliance period with Nasdaq?

Fitell has been granted an additional 180 calendar days, until March 30, 2026, under Nasdaq Listing Rule 5810(c)(3)(A) to regain compliance with the minimum bid price requirement.

Did Fitell regain Nasdaq compliance by the original deadline?

No. The notice states that Fitell had not regained compliance with Nasdaq’s minimum bid price requirement by September 29, 2025, which led to the grant of the additional 180‑day period.

What exhibit is included with this Fitell 6-K filing?

The filing includes as Exhibit 99.1 a press release in which Fitell announced receipt of the Nasdaq notice and described the additional compliance period and bid price requirements.

Is the Fitell press release considered filed or furnished with the SEC?

The press release in Exhibit 99.1 is being furnished to the SEC and is not deemed “filed” for Section 18 of the Exchange Act, though it is incorporated by reference into certain of Fitell’s Securities Act registration statements, including its Form F‑3.