Fitell Corporation Announces $50 Million Stablecoin Financing and 2F Robotics, a Platform for AI-Driven Advanced Robotic Systems
Fitell Corporation - Class A Ordinary Shares (FTEL)
Company Research
Source: GlobeNewswire
Taren Point, Australia, Nov. 06, 2025 (GLOBE NEWSWIRE) -- Fitell Corporation (NASDAQ: FTEL) (“Fitell” or the “Company”) today announced that it has entered into a securities purchase agreement with a U.S. based institutional investor to issue a $50 million convertible note. The financing will support the launch of 2F Robotics, a joint venture focused on developing and commercializing AI-driven robotic technologies across consumer and industrial applications. Key Highlights Stablecoin Financing: The net proceeds from the $50 million financing will be converted to stablecoin assets and held with a U.S. custodian.Stablecoin assets may be allocated toward 2F Robotics, the Company’s corporate treasury, or the Company’s fitness operations, subject to market conditions. 2F Robotics: 2F Robotics will be established as a joint venture for the development of AI-driven robotics and automation systems across home, kitchen, fitness, and industrial applications.Product development will be in p
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FTEL
News
- Fitell Corporation Announces Interim Dividend and Shareholder Loyalty ProgramGlobeNewswire
- Fitell Corporation Announces $3 Million Share Repurchase ProgramGlobeNewswire
- Fitell (NASDAQ:FTEL) was upgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=FTEL&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall Street Zen</a> froMarketBeat
- Fitell Corporation Announces Fiscal Year 2025 ResultsGlobeNewswire
- Fitell (NASDAQ:FTEL) was upgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=FTEL&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall Street Zen</a> to MarketBeat
FTEL
Sec Filings
- 12/4/25 - Form 6-K/A
- 12/2/25 - Form 6-K
- 12/1/25 - Form 6-K
- FTEL's page on the SEC website