Fitell Corporation implements 1-for-16 share consolidation
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/23/2026
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
- One killed, three injured when man attacks Swedish school with sword
Fitell Corporation Announces Share Consolidation
September 18, 2025 5:00 PM EDTTAREN POINT, Australia, Sept. 18, 2025 (GLOBE NEWSWIRE) -- Fitell Corporation (Nasdaq: FTEL) (the Company), an online retailer of gym and fitness equipment in Australia, today announced that it will effect a share consolidation of its ordinary shares, par value of $0.0001 per share, at a ratio of 1-for-16, with a post-share consolidation par value of $0.0016, effective on September 23, 2025 (the Share Consolidation). The Companys class A ordinary shares are expected to begin trading on a post-consolidation basis at the open of the market session on September 23, 2025. Upon the market opening on September 23, 2025, the Companys... More
