Financing ·
Fusemachines Inc. entered into a Securities Purchase Agreement on September 10, 2026, to issue up to 2,138,935 shares…
FUSEFusemachines Inc.
Fusemachines Inc. entered into a Securities Purchase Agreement on September 10, 2026, to issue up to 2,138,935 shares of common stock to vendors and service providers in satisfaction of approximately $1.30 million in accrued fees. The per-share price was set at $0.6103, calculated as the five-day volume-weighted average price preceding the closing date. No cash consideration was received; the transaction serves solely to cancel outstanding liabilities. Shares are anticipated for issuance around September 14, 2026, with a registration statement for resale expected within 90 days. Fusemachines Inc. operates in the artificial intelligence and machine learning industry, providing enterprise AI solutions.