Fitness Champs Holdings (NASDAQ:FCHL) will hold an Extraordinary General Meeting of shareholders on June 29, 2026, at 10 a.m. Singapore Time at its Singapore location.
Holders of Class A and Class B ordinary shares of record on June 9, 2026, may receive notice and vote.
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News Market Reaction – FCHL
-7.25%
21 alerts
-7.25%Session close to close
+54.6%Peak Tracked
-16.0%Trough Tracked
$1.82MMarket Cap
0.1xRel. Volume
In the Jun 11 session, FCHL declined 7.25%, reflecting a notable negative market reaction.
Argus tracked a peak move of +54.6% during that session.
Argus tracked a trough of -16.0% from its starting point during tracking.
Our momentum scanner triggered 21 alerts that day, indicating elevated trading interest and price volatility.
The stock moved -7.3% in the session following this news. A negative reaction despite the largely pr...
Analysis
The stock moved -7.3% in the session following this news. A negative reaction despite the largely procedural EGM notice would have fit a pattern where FCHL often traded lower around structural and capital actions. Recent history includes two reverse share consolidations and a $5.0 million offering, each followed by notable declines up to 76.88%. In that context, the market could have remained sensitive to governance events, Nasdaq compliance uncertainty, and the potential for further corporate changes stemming from shareholder approvals.
Key Figures
EGM date:June 29, 2026EGM time:10 a.m. Singapore TimeUS reference time:10 p.m. Eastern Standard Time+1 more
4 metrics
EGM dateJune 29, 2026Date of Extraordinary General Meeting (Singapore Time)
EGM time10 a.m. Singapore TimeScheduled start time of the EGM
US reference time10 p.m. Eastern Standard TimeCorresponding time on June 28, 2026 for U.S. investors
Record dateJune 9, 2026Shareholders of record entitled to vote at the EGM
Announcement of Extraordinary General Meeting logistics and record date.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Pattern Detected
Recent structurally negative events like reverse splits and dilutive offerings often coincided with sharp declines, while a prior EGM notice saw only a mild negative reaction.
Recent Company History
Over the last few months, FCHL has focused on Nasdaq compliance and capital raising. A 15-for-1 consolidation on March 23, 2026 and a 30-for-1 consolidation on May 4, 2026 were aimed at bid-price compliance, both followed by notable declines. An April $5.0 million public offering also preceded a steep drop. The May Nasdaq deficiency notice highlighted equity shortfalls. Today’s EGM announcement on June 29, 2026 repeats a March EGM pattern, where logistics-focused news had limited price support.
Key Terms
class a ordinary shares, class b ordinary shares, ordinary shares, register of members, +2 more
6 terms
class a ordinary sharesfinancial
"Holders of the Company’s class A ordinary shares (the “Class A Ordinary Shares”)..."
Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.
class b ordinary sharesfinancial
"and class B ordinary shares (the “Class B Ordinary Shares” and, together with..."
Class B ordinary shares are a type of ownership stake in a company that typically come with different voting rights or privileges compared to other share classes. For investors, they represent a way to hold part of the company’s value and influence its decisions, often with fewer voting rights than Class A shares. Understanding these shares helps investors assess their level of control and potential returns within a company.
ordinary sharesfinancial
"Class B Ordinary Shares and, together with the Class A Ordinary Shares, the “Ordinary Shares”..."
Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.
register of membersregulatory
"listed in the register of members of the Company at the close of business..."
An official list maintained by a company that records who owns its shares, how many they own and their contact details, similar to a class roster or bank ledger for ownership. It matters to investors because only people on the list can vote at meetings, receive dividends or corporate communications, and it provides clear proof of ownership and helps enforce rights during share transfers or corporate actions.
proxy statementregulatory
"the Proxy Statement and the Proxy Card are available on the Investor Relations section..."
A proxy statement is a document companies send to shareholders ahead of a meeting that lays out the items up for a vote—like who will sit on the board, executive pay, and major corporate decisions—and provides background so shareholders can decide how to cast their votes or appoint someone to vote for them. Think of it as an agenda plus a ballot and briefing notes, important because the outcomes can change control, strategy, and value.
"the Proxy Statement and the Proxy Card are available on the Investor Relations section..."
A proxy card is a document that allows shareholders to give someone else the authority to vote on their behalf at a company’s meeting. Think of it as a permission slip that ensures a shareholder’s interests are represented even if they cannot attend in person. For investors, proxy cards are important because they influence company decisions and governance, giving them a way to participate indirectly.
SINGAPORE, June 10, 2026 (GLOBE NEWSWIRE) -- Fitness Champs Holdings Limited (“Fitness Champs Holdings”, “FCHL” or the “Company”) (NASDAQ: FCHL), a distinguished aquatic sports education provider in Singapore, will hold an Extraordinary General Meeting of Shareholders (the “EGM”) at 7030 Ang Mo Kio Street, Avenue 5, #04-48, North Star@AMK, Singapore at 10 a.m. Singapore Time on June 29, 2026 (10 p.m. Eastern Standard Time on June 28, 2026).
Holders of the Company’s class A ordinary shares (the “Class A Ordinary Shares”) and class B ordinary shares (the “Class B Ordinary Shares” and, together with the Class A Ordinary Shares, the “Ordinary Shares”) listed in the register of members of the Company at the close of business on June 9, 2026 (Singapore Time) are entitled to receive notice of, and vote at, the EGM or at any adjournment or postponement that may take place.
Copies of the Notice of the EGM, which sets forth the resolutions to be proposed and for which adoption from shareholders is sought, the Proxy Statement and the Proxy Card are available on the Investor Relations section of the Company’s website at https://ir.fitnesschamps.sg/press.html and on the SEC’s website at www.sec.gov.
About Fitness Champs Holdings Limited
Fitness Champs Holdings Limited is a distinguished aquatic sports education provider, offering general swimming lessons to children and adults, with ladies-only swimming lessons available, as well as aquatic sports classes such as competitive swimming and lifesaving. The Company is one of the largest providers of swimming lessons to children enrolled in public schools under the Ministry of Education of Singapore in Singapore through the SwimSafer program, and has been offering private swimming lessons to children, youths and adults under its brand “Fitness Champs” since 2012. The Company aims to make swimming an enjoyable and affordable sport for children and adults, for water safety and as a way of keeping fit and healthy. Fitness Champs also plans to grow into a diversified sports education provider by expanding its offerings to include other sports such as pickleball. For more information, please visit the Company’s website at https://ir.fitnesschamps.sg/.
When is the FCHL Extraordinary General Meeting scheduled in 2026?
The FCHL Extraordinary General Meeting is scheduled for June 29, 2026, at 10 a.m. Singapore Time. According to the company, this corresponds to 10 p.m. Eastern Standard Time on June 28, 2026, for U.S.-based shareholders.
Who is eligible to vote at the June 29, 2026 FCHL EGM?
Shareholders of FCHL holding Class A or Class B ordinary shares on record at close of business on June 9, 2026, Singapore Time, are eligible. According to the company, these shareholders may receive notice and vote at the EGM or any adjournment.
Where will the FCHL Extraordinary General Meeting be held on June 29, 2026?
The FCHL EGM will be held at 7030 Ang Mo Kio Street, Avenue 5, #04-48, North Star@AMK, Singapore. According to the company, the meeting starts at 10 a.m. Singapore Time for eligible shareholders.
Where can FCHL shareholders find the 2026 EGM notice and proxy materials?
Shareholders can access the Notice of EGM, Proxy Statement, and Proxy Card on FCHL’s investor relations website. According to the company, these documents are also available on the SEC’s website at www.sec.gov.
What will be decided at Fitness Champs Holdings (FCHL) EGM on June 29, 2026?
The EGM will consider resolutions set out in the Notice of EGM, for which shareholder adoption is sought. According to the company, details of each proposed resolution are contained in the posted notice and proxy materials.