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An announcement from Mighty Kingdom Ltd ( (AU:FTI) ) is now available.
FortifAI Limited has called a general meeting of shareholders in Perth on 21 January 2026 to vote on key capital and strategic matters, including the proposed issuance of 155 million shares and 150 million performance rights as consideration for the acquisition of FastAI. The company is also seeking shareholder ratification for a prior placement of 8 million shares to its joint lead managers, a step that, if approved, will refresh its capacity under ASX Listing Rules for future capital raising and support the integration of FastAI into FortifAI’s operations while managing dilution and governance considerations for existing investors.
More about Mighty Kingdom Ltd
FortifAI Limited is an ASX-listed company focused on artificial intelligence-related technology and services. The company engages in corporate transactions and capital markets activities to support its growth strategy, including acquisitions and equity-based incentives involving shares and performance rights.
Average Trading Volume: 374,221
Technical Sentiment Signal: Buy
Current Market Cap: A$53.28M
See more data about FTI stock on TipRanks’ Stock Analysis page.