Fitell Secures Nasdaq Extension, Expands Crypto Exposure
TLDR
- Fitell receives 180-day extension to resolve Nasdaq compliance by March 2026.
- The company consolidates shares to meet Nasdaq minimum price requirements.
- Fitell acquires 216.8 million PUMP tokens for $1.5 million investment.
- The purchase strengthens Fitell’s digital treasury and exposure to Solana.
Fitell Corporation has taken steps to stabilize its position in the market by securing additional time from Nasdaq to meet listing requirements and deepening its involvement in the cryptocurrency sector.
The company announced a 180-day extension, providing until March 2026 to bring its stock price into compliance with Nasdaq’s regulations. Simultaneously, Fitell confirmed the purchase of 216.8 million PUMP tokens,…
