Fusemachines Closes Up to $10.66 Million Investment at $4.20 per Share for Growth Capital from Existing Investor Meteora Capital

NEW YORK, Aug. 04, 2026 (GLOBE NEWSWIRE) -- Fusemachines Inc. (NASDAQ: FUSE), a leading provider of enterprise AI products and services, today announced that existing investor Meteora Capital has made an additional $2.5 million strategic investment in the Company through a convertible note with a fixed conversion price of $4.20 per share, together with 2.05 million warrants exercisable at a fixed exercise price of $4.20 per share.

The financing reflects Meteora Capital's continued confidence in Fusemachines' long-term strategy and the Company's vision for transforming enterprise workflows through Agentic AI. The investment was structured with a deep out-of-the-money fixed conversion price and warrant exercise price of $4.20 per share, underscoring a long-term investment approach rather than a financing tied to short-term stock price movements.