Core Viewpoint - Fitell Corporation has executed a reverse stock split at a ratio of 16 for 1 to enhance its stock appeal to investors, resulting in a significant price increase and reflecting positive market sentiment [1][2][5]. Company Overview - Fitell Corporation, trading under NASDAQ:FTEL, is an online retailer based in Australia, specializing in gym and fitness equipment [1]. - The company's market capitalization is approximately $177.8 million, indicating its size and value in the market [4]. Stock Performance - Following the reverse stock split, FTEL's stock price rose by 9.93% to $8.46, showing a positive market response [3][5]. - The stock has experienced a high of $792 and a low of $5.76 over the past year, highlighting its volatility [4]. - FTEL's trading volume is 3,385,342 shares, reflecting active investor interest and engagement [4][5]. Market Activity - Post-split, FTEL continues to trade on The Nasdaq Capital Market, with its stock price fluctuating between $7.12 and $15.79, indicating market volatility [3].

- 拟成为澳大利亚最大的公开上市 SOL 持有公司 - - 任命 David Swaney 和 Cailen Sullivan 为顾问，负责领导数字资产资金库策略，并 通过主动管理的 DeFi 和结构化产品策略来创造收益 - 塔伦角，澳大利亚, Sept. 24, 2025 (GLOBE NEWSWIRE) -- 全球健身器材和健康解决方案提供商 Fitell Corporation（NASDAQ：FTEL）（简称“Fitell”或“公司”），今日宣布已获得一项高达 1 亿美元的融资安排，以支持其启动 Solana 资金库策略，这标志着澳大利亚首个基于 Solana 的数字资产资金库诞生。 主要亮点 DeFi 与收益路线图：旨在通过将 SOL 资产部署于一系列多样化的链上 DeFi 及衍生品策略中，以产生超额收益。 这包括期权、雪球产品、链上流动性供给等结构化产品，以及其他高流动性且下行风险受控的策略。 每种方法提供不同程度的回报、阿尔法收益和期限。 所产生的回报将再投资于资金库储备中，加速 SOL 积累的复利效应，增加每股 SOL 持有量，并加强与 Solana 社区的协同。澳大利亚双重上市：Fitell ...

Group 1 - Fitell Corporation announced the acquisition of 46,144 Solana (SOL) for approximately $10 million, marking the first strategic purchase under its Solana treasury initiative [1][2] - The acquisition follows a $100 million financing announcement, demonstrating the company's commitment to its Solana treasury strategy and plans for further SOL purchases using net proceeds from the financing [2] - At least 70% of the net proceeds from future closings will be allocated to cryptocurrency acquisitions for the treasury reserve, with the remainder for broader crypto operations and working capital [2] Group 2 - Fitell Corporation operates through its wholly owned subsidiary GD Wellness Pty Ltd, focusing on online retail of gym and fitness equipment in Australia [4] - The company aims to create a comprehensive fitness and wellness ecosystem powered by technology, having served over 100,000 customers with a significant portion of sales from repeat customers [4] - Fitell's brand portfolio includes three proprietary brands under Gym Direct, offering over 2,000 stock-keeping units (SKUs) [4]

Core Insights - Premarket trading is showing notable activity with significant price movements indicating potential trading opportunities before the market opens [1] Premarket Gainers - SHF Holdings, Inc. (SHFS) increased by 150% to $8.17 - Lithium Americas Corp. (LAC) rose by 69% to $5.18 - Aqua Metals, Inc. (AQMS) gained 50% reaching $6.11 - CleanCore Solutions, Inc. (ZONE) up by 44% at $2.87 - Cyclerion Therapeutics, Inc. (CYCN) increased by 33% to $4.03 - Twin Vee Powercats Co. (VEEE) rose by 17% to $2.92 - Solidion Technology, Inc. (STI) up by 11% at $5.09 - China Pharma Holdings, Inc. (CPHI) increased by 11% to $2.18 - Stardust Power Inc. (SDST) rose by 10% to $3.04 - Aligos Therapeutics, Inc. (ALGS) increased by 7% to $11.03 [3] Premarket Losers - Aytu BioPharma, Inc. (AYTU) decreased by 15% to $2.11 - Professional Diversity Network, Inc. (IPDN) down by 13% to $4.10 - STRATA Skin Sciences, Inc. (SSKN) fell by 10% to $2.31 - Cohu, Inc. (COHU) decreased by 9% to $20.68 - Super League Enterprise, Inc. (SLE) down by 9% to $7.74 - CTW Cayman (CTW) fell by 9% to $2.29 - Fitell Corporation (FTEL) decreased by 8% to $7.70 - Soluna Holdings, Inc. (SLNH) down by 8% to $2.16 - StableX Technologies, Inc. (SBLX) decreased by 5% to $5.22 - Indaptus Therapeutics, Inc. (INDP) down by 5% to $2.95 [4]

Group 1 - Fitell Corporation, a fitness equipment supplier, has announced the launch of a digital asset treasury strategy based on Solana [1] - The company has secured a financing limit of $100 million, with the initial $10 million allocated for purchasing SOL [1] - Fitell plans to generate returns through on-chain DeFi and structured product strategies, with assets being custodied by BitGo and undergoing institutional-grade staking [1] Group 2 - The company is also pursuing a dual listing on the Australian Securities Exchange and intends to rebrand as "Solana Australia Corporation" [1]

- Intends to become the largest publicly listed holder of SOL based in Australia - -Appoints advisors, David Swaney and Cailen Sullivan, to lead digital asset treasury strategy andyield generation through actively managed DeFi and structured product strategies- Taren Point, Australia, Sept. 23, 2025 (GLOBE NEWSWIRE) -- Fitell Corporation (NASDAQ: FTEL) (“Fitell” or the “Company”), a global provider of fitness equipment and health solutions, today announced it has secured an up to $100M facility to support t ...

Group 1 - Fitell Corporation will implement a share consolidation at a ratio of 1-for-16, effective September 23, 2025, to meet Nasdaq's minimum bid price requirement [1][2] - The consolidation will automatically convert every sixteen shares into one ordinary share, with no fractional shares issued; any fractional shares will be rounded up to one share [3] - Shareholders holding shares in electronic form will not need to take action, as the consolidation will be reflected in their brokerage accounts [3][4] Group 2 - Fitell Corporation, through its subsidiary GD Wellness Pty Ltd, is an online retailer of gym and fitness equipment in Australia, serving over 100,000 customers [5] - The company offers products under three proprietary brands: Muscle Motion, Rapid Motion, and FleetX, with over 2,000 stock-keeping units (SKUs) [5]

TAREN POINT, Australia, April 03, 2025 (GLOBE NEWSWIRE) -- Fitell Corporation (Nasdaq: FTEL) (the “Company”), an online retailer of gym and fitness equipment in Australia, today announced that on April 2, 2025, it has received a letter (the "Notification Letter") from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”), notifying the Company that for the last 30 consecutive business days the closing bid price of the Company’s ordinary shares was below $1.00 per share, which is th ...

Core Points - Fitell Corporation, an online retailer of gym and fitness equipment in Australia, announced an Extraordinary General Meeting (EGM) scheduled for April 9, 2025 [1] - The EGM Notice was distributed to shareholders on March 24, 2025, detailing voting procedures and proposals [2] - Registered shareholders as of March 12, 2025, are entitled to attend and vote at the EGM [3] Company Overview - Fitell Corporation operates through its wholly owned subsidiary GD Wellness Pty Ltd, focusing on gym and fitness equipment sales under proprietary and other brand names [4] - The company aims to create a comprehensive fitness and wellness ecosystem powered by technology, having served over 100,000 customers with significant repeat sales [4] - Fitell's brand portfolio includes three proprietary brands under Gym Direct: Muscle Motion, Rapid Motion, and FleetX, with over 2,000 stock-keeping units (SKUs) [4] EGM Proposals - The EGM will address several proposals, including: 1) Share Capital Reorganisation Proposal 2) Charter Amendment Proposal 3) Share Repurchase and Issuance Proposal 4) Share Consolidation Proposal 5) Share Consolidation Memorandum Amendment Proposal [6]

Group 1 - Fitell Corporation has closed a registered direct offering of 796,813 ordinary shares and warrants, raising approximately $4.0 million in gross proceeds, with potential additional proceeds of up to $6.0 million from the exercise of warrants [1][3] - The purchase price for the ordinary shares and associated warrants is set at $5.02 per share, with warrants exercisable immediately and expiring three years after issuance [1][3] - The net proceeds from the offering will be used for the development and commercial launch of smart fitness equipment, general corporate purposes, and working capital, with potential investments in complementary businesses or technologies [3] Group 2 - Rodman & Renshaw LLC acted as the exclusive placement agent for the offering [2] - Fitell Corporation operates through its wholly owned subsidiary GD Wellness Pty Ltd, focusing on online retail of gym and fitness equipment in Australia, with a mission to create a technology-driven fitness and wellness ecosystem [6] - The company has served over 100,000 customers, with a significant portion of sales coming from repeat customers, and offers a diverse brand portfolio under its Gym Direct brand [6]