Recent Updates — FUSE
Fusemachines Inc. received a notification from Nasdaq on September 18, 2026, indicating non-compliance with the Minimum Bid Price Requirement because its common stock closed below $1.00 per share for at least 30 consecutive business days. The listing remains effective as the company has until March 17, 2027, to regain compliance by maintaining a closing bid price of at least $1.00 for ten consecutive business days. Failure to comply may result in a transfer to the Nasdaq Capital Market if other standards are met. Fusemachines Inc. operates in the artificial intelligence and machine learning industry.
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.
Fusemachines Inc. appointed David R. Wells as Consulting Chief Financial Officer, Principal Financial Officer, and Principal Accounting Officer, effective August 30, 2026. The company entered into a services agreement with Atlas Bookkeeping, LLC, paying a monthly fee of $14,500 plus a $10,000 one-time retainer. Mr. Wells receives monthly grants of 10,000 fully vested restricted stock units under the Company’s 2025 Omnibus Equity Incentive Plan. Fusemachines Inc. operates in the artificial intelligence and machine learning industry.
Fusemachines Inc. entered into a Strategic Share Issuance Agreement and Master License and Services Agreement with Qintess Holding e Participações Ltda. on August 11, 2026. Under the agreements, Qintess committed to purchasing a minimum of $6,500,000 in Fusemachines products and services over three years. In exchange, Fusemachies agreed to issue up to 1,250,000 shares of common stock in tranches contingent on Qintess meeting spend thresholds: 750,000 shares upon effectiveness, 250,000 if $4,500,000 is spent by the second anniversary, and 250,000 if $6,500,000 is spent by the third anniversary. The company will file a resale registration statement within 60 days of closing. Fusemachines Inc. operates in the enterprise artificial intelligence sector, providing AI products, platforms, and services.
Fusemachines Inc. received a notification letter from Nasdaq regarding its failure to maintain a minimum Market Value of Publicly Held Shares (MVPHS) of $15,000,000. The company's MVPHS was below the requirement for 30 consecutive business days between June 10, 2026, and July 23, 2026. The company has 180 calendar days, or until January 20, 2027, until its compliance period ends. Fusemachines Inc. is an artificial intelligence software company.
Fusemachines Inc. filed this report to correct beneficial ownership information for director Timothy Gocher. Mr. Gocher previously incorrectly reported shares held by Dolma Impact Fund I as his own beneficial ownership on Forms 4. Although Mr. Gocher is the CEO of Dolma, he lacks voting or dispositive power over those shares. Amended Forms 4 have been filed to rectify this error. As of July 1, 2026, the company has 28,985,302 shares of common stock outstanding. Fusemachines Inc. is an artificial intelligence company providing machine learning solutions.