Fitell Corporation Announces the Closing of $15,000,000 IPO (Nasdaq: FTEL)

Written By Bela Vanacore

New York, Aug. 10, 2023 – Fitell Corporation (Nasdaq: FTEL) an online retailer of gym and fitness equipment in Australia, announces the closing of its initial public offering of 3,000,000 ordinary shares, at a public offering price of $5.00 per ordinary share. The gross proceeds of the offering were $15,000,000. CLG acted as U.S. counsel to the company.

Bela Vanacore
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