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NASDAQ:FTEL 6 November 2025

Fitell (FTEL) Secures $50M Convertible Note to Launch ‘2F Robotics,’ Will Hold Proceeds in Stablecoins — Nov. 6, 2025

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.
6 November 2025
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Stock Market Today

  • Asian Stocks Plunge as Trump Threatens Iran Energy Infrastructure
    March 22, 2026, 10:24 PM EDT. Asian stock markets plunged Monday amid escalating tensions between the U.S. and Iran. Japan's Nikkei 225 fell 4%, South Korea's KOSPI dropped 4.5%, and Hong Kong's Hang Seng lost about 2%. The sharp declines came after U.S. President Donald Trump issued an ultimatum threatening to "obliterate" Iran's power plants within 48 hours if Tehran does not reopen the Strait of Hormuz, a vital passage for one-fifth of global oil and gas exports. Brent crude oil futures surged above $114 per barrel before settling near $112, reflecting fears of energy supply disruptions. Trump and U.K. Prime Minister Keir Starmer agreed on the importance of reopening the strait to stabilize energy markets. The ultimatum deadline expires at 23:44 GMT Monday, amplifying concerns over a worsening energy crisis amid a month-long U.S.-Israeli conflict with Iran.
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