Fitell Corp Announces 1-for-9 Reverse Stock Split
3 reports, 1 independent
Updated Sep 27
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AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Fitell Corp announced a reverse stock split on September 24, 2026. The company's stock is scheduled to undergo a 1-for-9 reverse split, with share adjustments taking place after the close of trading on Sunday, September 27th. The company is an Australia-based fitness and wellness company that sells exercise equipment and related products.
From tickerreport.com
Why it matters
The move follows a period where the company's stock traded down, reaching $0.39 during the reporting period. Fitell Corp currently carries a debt-to-equity ratio of 3.78 and a current ratio of 4.88.
From tickerreport.com
Who's involved
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The entities involved
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Nasdaq
American fully electronic stock exchange
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