FITNESS CHAMPS HOLDINGS LIMITED ANNOUNCES RECEIPT OF NASDAQ NOTIFICATION LETTER REGARDING MINIMUM PRICE DEFICIENCY
Rhea-AI Summary
Fitness Champs Holdings (Nasdaq: FCHL) received a Nasdaq notification dated November 6, 2025 that it failed to meet the $1 minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) based on closing bids from September 24, 2025 to November 5, 2025. The company has a 180-calendar-day compliance period to regain compliance, until May 5, 2026, and may be eligible for an additional 180 days under limited conditions.
The notice is not an immediate delisting; shares continue trading under FCHL. The company is evaluating options, including a possible reverse stock split, but disclosed no assurance of regaining compliance.
Positive
- Shares continue trading uninterrupted under FCHL
- Initial 180-day compliance period ends May 5, 2026
- Company is actively evaluating options to regain compliance
Negative
- Company currently fails Nasdaq $1 bid price continued listing rule
- Possible delisting if deficiency not cured after compliance periods
- Potential reverse stock split could dilute share structure or affect liquidity
News Market Reaction 8 Alerts
On the day this news was published, FCHL gained 1.40%, reflecting a mild positive market reaction. Argus tracked a peak move of +3.5% during that session. Argus tracked a trough of -22.6% from its starting point during tracking. Our momentum scanner triggered 8 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $99K to the company's valuation, bringing the market cap to $7M at that time. Trading volume was elevated at 2.3x the daily average, suggesting notable buying interest.
Data tracked by StockTitan Argus on the day of publication.
SINGAPORE, Nov. 10, 2025 (GLOBE NEWSWIRE) -- Fitness Champs Holdings Limited (“FCHL” or the “Company”) (Nasdaq: FCHL), a distinguished aquatic sports education provider in Singapore, today announced that it received a notification letter from The Nasdaq Stock Market LLC (“Nasdaq”) dated November 6, 2025, notifying the Company that based on the closing bid price of the Company for the period from September 24, 2025 to November 5, 2025, the Company no longer meets the continued listing requirement of Nasdaq under Nasdaq Listing Rules 5550(a)(2), to maintain a minimum bid price of
Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has a compliance period of one hundred eighty (180) calendar days, or until May 5, 2026, to regain compliance with Nasdaq continued listing requirement. In the event that the Company does not regain compliance in the compliance period, the Company may be eligible for an additional 180 calendar days, should the Company meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, with the exception of the bid price requirement, and is able to provide written notice of its intention to cure the deficiency during the second compliance period, by effecting a reverse stock split, if necessary. However, if it appears that the Company will not be able to cure the deficiency, or if the Company is otherwise not eligible, Nasdaq will provide notice that the Company’s securities will be subject to delisting.
The Nasdaq notification letter does not result in the immediate delisting of the Company's ordinary shares, and the shares will continue to trade uninterrupted under the symbol “FCHL.”
The Company is currently evaluating options to regain compliance and intends to timely regain compliance with Nasdaq’s continued listing requirement. Although the Company will use all reasonable efforts to achieve compliance with Rule 5550(a)(2), there can be no assurance that the Company will be able to regain compliance with that rule or will otherwise be in compliance with other Nasdaq continued listing requirement.
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 water polo, 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/.
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” or other similar expressions in this prospectus. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.
Fitness Champs Holdings Limited Contact:
Email: ir@fitnesschampsaquatics.com
Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email: investors@ascent-ir.com
FAQ
What did Nasdaq notify FCHL about on November 6, 2025?
How long does FCHL have to regain Nasdaq compliance?
Will FCHL be delisted immediately after the Nasdaq letter?
What can FCHL do to cure the Nasdaq minimum price deficiency?
What happens if FCHL does not regain compliance by May 5, 2026?
Will FCHL provide guidance on how it will regain compliance?
