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.

Importantly, both the convertible note and the warrants feature fixed pricing with no conversion price resets, ratchets, floating-price mechanisms or other toxic adjustment provisions, providing shareholders with a transparent and straightforward capital structure.

If all 2.05 million warrants are exercised for cash, the Company could receive up to an additional $8.61 million, totaling $10.66 million in additional capital including the convertible note, providing significant funding to support future growth initiatives.

Fusemachines intends to use the net proceeds from the financing to accelerate the development and commercialization of Fusemachines' Agentic AI platform, expand enterprise deployments, invest in product innovation, and support the Company's continued execution of its long-term growth strategy.

"We are pleased to increase our investment in Fusemachines as our conviction in the Company’s long-term vision continues to strengthen," said Vik Mittal, Managing Member of Meteora Capital. "We believe Agentic AI will fundamentally reshape how enterprises operate, and we see Fusemachines as well positioned to play a leading role in that transformation."

"We are grateful for Meteora Capital's continued confidence in Fusemachines and our long-term vision," said Sameer Maskey, Founder and Chief Executive Officer of Fusemachines. "Having an existing institutional investor increase its investment through a financing with a fixed $4.20 conversion price and fixed $4.20 warrant exercise price is a strong vote of confidence in both our strategy and the opportunity we see ahead. This capital enables us to continue investing aggressively in our Agentic AI platform as we execute on our mission of helping enterprises transform workflows through intelligent AI agents."

Fusemachines plans to continue expanding its leadership in Agentic AI as enterprises increasingly move from experimentation to production-scale AI deployments. The Company plans to continue investing in proprietary AI technologies, expanding its portfolio of enterprise AI agents, growing strategic customer relationships, and executing on opportunities that drive long-term shareholder value.