Fitness Champs gets Nasdaq notice for falling short of $2.5 million stockholders’ equity requirement
Fitness Champs Holdings Limited
Fitness Champs Holdings Limited FCHL | 0.00 |
- Fitness Champs Holdings received a Nasdaq notice on May 26 over non-compliance with Listing Rule 5550(b)(1) on minimum stockholders’ equity.
- Stockholders’ equity was $598,490 as of Dec. 31, 2025, below the $2.5 million requirement; it also failed alternative tests for compliance.
- Nasdaq set a July 10, 2026 deadline to show compliance or submit a remediation plan; shares remain listed during the process.
- An accepted plan could extend the compliance window to Nov. 20, 2026; failure could trigger delisting proceedings and a hearing request.
- Proceeds from a May 2026 financing are expected to lift equity above the threshold, pending Nasdaq review.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fitness Champs Holdings Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605291915PRIMZONEFULLFEED9729111) on May 29, 2026, and is solely responsible for the information contained therein.
