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Fitell Corporation Announces that it will hold its Extraordinary General Meeting of Shareholders on Apri 9, 2025
TAREN POINT, Australia, March 26, 2025 (GLOBE NEWSWIRE) -- Fitell Corporation (Nasdaq: FTEL) (&#x...
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[{"type":"text","content":"Fitell Corporation Announces that it will hold its Extraordinary General Meeting of Shareholders on Apri 9, 2025\n\n\n\n TAREN POINT, Australia, March 26, 2025 (GLOBE NEWSWIRE) -- Fitell Corporation (Nasdaq: FTEL) (“Fitell” or the “Company”), an online retailer of gym and fitness equipment in Australia, announced on March 24, 2025 that it will hold its Extraordinary General Meeting of Shareholders (the “EGM”) on April 9, 2025 at 10:00 a.m., local time, at Level 17, Tower 2, Lumia International Building, No.181 YanjiangXi Rd, Guangzhou, People’s Republic of China.\n \n\n In connection with the contemplated EGM, on March 24, 2025, the Company distributed to shareholders of the Company a notice of EGM (the “EGM Notice”), in accordance with applicable provisions of the Cayman Islands laws. The ECM Notice includes the procedure for voting at the EGM, proposals and other materials, including a form of the Second Amended and Restated Memorandum and Articles of Association, and a form of proxy.\n \n\n All registered shareholders of the Company at the close of business on March 12, 2025, the record date, are entitled to receive the EGM Notice, attend the EGM and vote on the following proposals and any adjourned or postponed meeting thereof:\n \n\n 1) The Share Capital Reorganisation Proposal;\n \n 2) The Charter Amendment Proposal;\n \n 3) The Share Repurchase and Issuance Proposal;\n \n 4) The Share Consolidation Proposal; and\n \n 5) The Share Consolidation Memorandum Amendment Proposal.\n \n\n The full text of the resolutions for these proposals is set out in the EGM Notice. On March 24, 2025, the Company firnished a 6-K report with the the Securities and Exchange Commission (the “Report”). A copy of the EGM Notice was attached as an exhibit to the Report. The Report can be accessed via a link:\n \n\n https://www.sec.gov/Archives/edgar/data/1928581/000164117225000206/form6-k.htm\n \n\n\n .\n \n\n\n\n About Fitell Corporation\n \n\n\n Fitell Corporation, through GD Wellness Pty Ltd (“GD”), its wholly owned subsidiary, is an online retailer of gym and fitness equipment both under its proprietary brands and other brand names in Australia. The company’s mission is to build an ecosystem with a whole fitness and wellness experience powered by t...