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FortiAI Secures AU$5 million Strategic Placement to Accelerate Growth

FortiAI Limited (ASX: FTI) has secured firm commitments to raise AU$5 million through a strategic placement at AU$0.30 per share. The Company will issue 16,666,667 fully paid ordinary shares under its existing Listing Rule 7.1 placement capacity.

A leading Australian institutional fund manager participated as the sole investor, providing a strong endorsement of FortifAI’s strategy and long-term growth pathway. Through the placement, the Company welcomes a high-quality institutional investor supportive of its commercial goals. Proceeds will be directed toward advancing key development milestones, accelerating commercialisation initiatives, and supporting general working capital. The placement is expected to settle on 26 February 2026, with 708 Capital and Sandton Capital Advisory acting as Joint Lead Managers.

 

 

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