Fitell Corp. (FTEL) to Raise $16 Million in IPO
Fitell Corp. (FTEL) plans to raise $16 million in an initial public offering on Friday, August 4th, IPO Scoop reports. The company plans to issue 3,000,000 shares at $5.00-$6.00 per share. In the last twelve months, Fitell Corp. generated $8.2 million in revenue and $10,000 in net income. Fitell Corp. has a market cap of […]