Report
Nicholas Cortellucci, CFA

FCLI: Launches Consumer-Focused Fire Extinguishers

What you need to know:
• FCLI launched six new lithium-ion fire extinguisher sizes, expanding across home, commercial and industrial fire-safety markets.
• Major North American retailers and industrial customers have expressed a strong interest in carrying and adapting to the FCL-X product line.
• FCLI expanded FCL-X patent protection to 56 jurisdictions, reinforcing its position ahead of broader global commercialization.
• We recently interviewed CEO Carlos Vicens; watch the full interview here and read our initiation report on FCLI here.

This morning, Full Circle Lithium (FCLI:TSXV, FCLIF:OTCQB, K0Q:FSE) announced the launch of six new lithium-ion battery (LIB) fire extinguisher sizes, expanding its product portfolio across retail/home, commercial, and industrial fire-safety applications. The new lineup is specifically designed to address dangerous and hard to control LIB fires and includes four consumer-focused models (20oz, 1L, 2L, and 3L) and two industrial units (30L and 50L). Initial commercialization will focus on North American markets through FCL’s authorized distribution network, with products expected to be listed on the Company’s website in the near term. We are maintaining our BUY rating and our $0.60/share target price on FCLI.

The expanded product offering materially broadens FCL’s addressable market, positioning the Company to serve residential electronics, e-mobility devices, power tools, and recreational applications, alongside higher-risk commercial and industrial environments. The Company noted that several major North American retailers, as well as commercial and industrial customers, have expressed strong interest in carrying the new product line. FCLI has also confirmed that a 100L industrial format is expected to be introduced over the coming months, further strengthening the Company’s industrial product line.
Underlying
FULL CIRCLE LITHIUM CORP

Provider
Atrium Research Corporation
Atrium Research Corporation

Atrium Research provides institutional quality issuer paid research on North American public equities using deep fundamental analysis. Our research reports are disseminated through Bloomberg, FactSet, Capital IQ, Reuters and many more, as well as through our social media and email distribution lists. 

Analysts
Nicholas Cortellucci, CFA

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