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Fusemachines signs $6.5M minimum 3-year spend deal with Qintess; issues up to 1.25M shares
Qintess commits to min $6.5M spend on Fusemachines Agentic AI products/services over 3-year term.
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Fusemachines closes $2.5M convertible note and warrants with Meteora, potential total $10.66M
Issued $2.5M convertible note at $4.20 fixed conversion price, no resets; net proceeds $2.05M after 18% OID.
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Fusemachines receives Nasdaq delisting notice for failing MVPHS requirement
Received Nasdaq notification on July 24, 2026 for non-compliance with minimum MVPHS of $15M.
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Fusemachines appoints AI pioneer Dr. Julia Hirschberg to board; Shrestha resigns
Appointed Julia Hirschberg, AI researcher and Columbia professor, as Class II director effective May 31, 2026.
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FuseMachines enters $20M equity purchase agreement with Roth Principal Investments
Entered into purchase agreement with Roth Principal Investments to sell up to $20M of common stock over 36 months.
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Fusemachines receives Nasdaq deficiency notice for MVLS below $50M
Received Nasdaq MVLS deficiency notice on March 27, 2026.
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Fusemachines amends forward purchase agreement pricing; warrant exercise price cut to $10
Forward Purchase Agreement Termination Price now adjusted weekly to lower of $12.00 or prior-week VWAP.
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Fusemachines receives Nasdaq delisting notice for failing minimum MVPHS of $15M
Received Nasdaq notice on Jan 15, 2026 for non-compliance with MVPHS >$15M requirement.
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Fusemachines raises $1M via private placement of 588K shares at $1.70/share
Private placement to existing shareholder Consilium Frontier Equity Fund LP for 588,235 shares at $1.70/share.
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Legacy Fusemachines reports $5.8M revenue, $5.2M net loss for nine months ended Sep 30, 2025
Revenue $5.8M, down 13% YoY from $6.6M; gross profit $3.3M vs $3.6M.
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Fusemachines completes de-SPAC merger with CSLM; begins trading as FUSE on Nasdaq
Former Fusemachines shareholders received $200M in Pubco shares valued at $10.00 per share (19,214,201 shares).