Fusemachines Raises $1 Million in Private Share Sale to Consilium Frontier Equity Fund

Reuters
2026.01.02 22:30
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Fusemachines Inc. has completed a private placement, selling 588,235 shares at $1.70 each to Consilium Frontier Equity Fund LP. The sale, conducted under Section 4(a)(2) and Rule 506 of the Securities Act, will fund general corporate purposes. Fusemachines will register the shares for resale under a Form S-1 with the SEC.