Fitell Corporation Announces 1-for-8 Share Consolidation Effective January 8

Reuters
2026.01.05 21:30
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Fitell Corporation has announced a 1-for-8 share consolidation for its Class A ordinary shares and a 1-for-2 consolidation for its Class B ordinary shares, effective January 8, 2026. Following this consolidation, Class A shares will continue trading on Nasdaq under the symbol "FTEL" with a new CUSIP number G35150146. This move aims to optimize the company's capital structure and support future growth initiatives.