Latest Fatfish (ASX:FFG) News

A small-cap tech week where one US gaming platform build lit the fuse, while a big semiconductor raise kept sliding after the halt. Deals and contracts did the heavy lifting, but several “open higher, finish lower” sessions showed buyers are still picky.

Fatfish Group has revealed improper conduct by a former service provider that delayed its 2024 financial reporting, while outlining ongoing legal actions and a strategy to relist on the ASX within four months.

Fatfish Group Limited has refinanced its $5.67 million debt with Arena Investors LP and secured an additional $0.15 million through new convertible notes, including a board nomination right for Arena.

Fatfish Group reported a 20% increase in cash receipts to A$0.76 million for Q4 2024, driven by advances in its AI gaming subsidiary, but rising operating expenses led to a net cash outflow of A$0.37 million.