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Fitell Corporation Announces Share Consolidation

TAREN 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 0.0001pershare,ataratioof1for16,withapostshareconsolidationparvalueof0.0001 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 Company’s class A ordinary shares are expected to begin trading on a post-consolida ...