Fitell (FTEL) Secures $50M Convertible Note to Launch ‘2F Robotics,’ Will Hold Proceeds in Stablecoins — Nov. 6, 2025
Fitell Corporation announced a $50 million senior secured convertible note and the launch of 2F Robotics, a joint venture for AI-driven robotic systems. Net proceeds will be converted to stablecoins and held by a U.S. custodian. The Series C note carries 6% annual interest and is secured by a first-priority lien on most assets. Fitell retains majority ownership and full IP rights in the new venture.
