Kandal M Venture Ltd (FMFC) AI Dilution Summary

Cash was $3,583,757 at 2026-03-31 against estimated monthly burn of $157,067. Since then the company has issued convertible notes through placement agent Revere Securities LLC, most recently in a private placement closed 2026-09-01 that raised an estimated $685,000 net. On 2026-09-25 it paid $2,500,000 in cash for a related-party convertible bond.