Dividends & Buybacks ·
Fitness Champs Holdings proposes two-step reverse split to maintain Nasdaq listing
FCHLFitness Champs Holdings Ltd
Fitness Champs Holdings Limited is seeking shareholder approval for a two-step share consolidation to comply with Nasdaq's $1.00 minimum bid price rule. The first step consolidates every two existing shares into one, effective immediately following the November 12, 2026 annual general meeting. A second consolidation of every 100 post-first-consolidation shares into one is conditional on raising at least US$5 million from a public offering by December 15, 2026. The filing also includes routine re-appointments of directors and the auditor. Fitness Champs Holdings Limited operates as an aquatic sports education provider in Singapore.