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Fortifai Issues 9 Million Unquoted Options Across Three New Classes

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Fortifai Issues 9 Million Unquoted Options Across Three New Classes

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An announcement from Mighty Kingdom Ltd ( (AU:FTI) ) is now available.

Fortifai Ltd, listed on the ASX under code FTI, has issued a total of 9 million unquoted options across three new option classes, each expiring on 23 January 2028 with exercise prices of $0.15, $0.20 and $0.25. The issuance, previously flagged in an Appendix 3B, bolsters the company’s equity-based incentives and potential future capital base, which may influence shareholder dilution and aligns Fortifai’s capital structure with its longer-term growth and funding plans.

More about Mighty Kingdom Ltd

Average Trading Volume: 458,787

Technical Sentiment Signal: Buy

Current Market Cap: A$43.66M

Find detailed analytics on FTI stock on TipRanks’ Stock Analysis page.

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