Fusemachines Inc.

Fusemachines Inc. held its 2026 Annual Meeting of Stockholders on June 9, 2026, with 86.0% of outstanding shares present. Shareholders elected Salman Alam, Bharat Krish, and Tim Gocher as Class I directors. They also approved an amendment to the 2025 Omnibus Equity Incentive Plan, increasing the maximum number of shares available by 2,000,000 to an aggregate of 3,500,000 shares. Additionally, the appointment of KNAV CPA LLP as the independent auditor for fiscal year 2026 was ratified.

Fusemachines Inc. announced the appointment of Dr. Julia Hirschberg, a highly distinguished artificial intelligence researcher and educator, to its Board of Directors. Dr. Hirschberg, a professor at Columbia University and former Department Head at AT&T Bell Labs, brings extensive expertise in natural language processing, speech technology, conversational AI, and responsible AI development. Her appointment is expected to provide invaluable guidance as Fusemachines continues to develop enterprise AI solutions and strengthen its approach to AI governance. Concurrently, Sanjay Shrestha is stepping down from the Board but will continue to support the company as a member of its Board of Advisors.

Fusemachines Inc. announced the appointment of Dr. Julia Hirschberg, a distinguished AI researcher and educator, to its Board of Directors, effective May 31, 2026. Dr. Hirschberg will serve as a Class II director and chair the Compensation Committee, also joining the Audit and Nominating Committees. Concurrently, Sanjay Shrestha resigned from the Board and his committee roles, a move not attributed to any disagreement with the company. Dr. Hirschberg's extensive background in artificial intelligence and technology leadership is expected to provide valuable guidance for the company's enterprise AI solutions and governance.

Fusemachines Inc. reported a widened net loss of $(872)K for the three months ended March 31, 2026, compared to a net loss of $(253)K in the prior year period. Revenue decreased to $1,879K from $1,954K, while operating expenses significantly increased. The company also saw a substantial increase in cash used in operating activities and a decrease in cash and cash equivalents, despite gains from fair value changes in liabilities.

Fusemachines Inc. announced the launch of its Agentic AI Forum for Talent Acquisition, an exclusive community for enterprise talent acquisition leaders. The forum aims to help these leaders understand, evaluate, and operationalize agentic AI within their organizations. Its inaugural event, a private dinner at the Harvard Club, brought together over 25 senior leaders for candid discussions on AI's applications and challenges in hiring. Fusemachines plans to expand the forum through future events, proprietary research, and continued collaboration to accelerate AI adoption in hiring practices.

Fusemachines Inc. will hold its 2026 Annual Meeting of Stockholders virtually on June 9, 2026, to vote on three key proposals. Stockholders will elect three Class I directors, ratify the appointment of KNAV CPA LLP as the independent auditor, and consider an amendment to the 2025 Omnibus Equity Incentive Plan. The proposed amendment seeks to increase the shares available under the plan by 2,000,000, bringing the total to 3,500,000 shares. The Board recommends voting "FOR" all proposals.

Fusemachines Inc. has established a committed equity facility with Roth Principal Investments, allowing the company to sell up to $20,000,000 of its common stock over a period of up to 36 months. The company has registered 11,363,636 shares for resale by Roth, with purchase prices determined by VWAP less a discount. This facility provides Fusemachines with a flexible funding source for working capital and general corporate purposes, subject to an Exchange Cap and beneficial ownership limitations for Roth.

Fusemachines Inc. established a Committed Equity Facility with Roth Principal Investments, allowing the company to sell up to $20,000,000 of common stock over 36 months for working capital and general corporate purposes. Roth Principal Investments may resell up to 11,363,636 shares, which could result in substantial dilution for existing stockholders. The company will pay Roth Principal Investments a $300,000 commitment fee and legal fees.

Fusemachines Inc. has entered into a Common Stock Purchase Agreement with Roth Principal Investments, LLC, effective April 17, 2026. Under this agreement, Roth Principal Investments will purchase shares of Fusemachines' common stock. This financing arrangement provides Fusemachines with access to capital, which could support its operational growth and strategic initiatives.