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Fitness Champs Holdings Limited reports developments for a Singapore aquatic sports education provider listed on the Nasdaq Capital Market under FCHL. The company offers general swimming lessons for children and adults, ladies-only swimming lessons, and aquatic sports classes such as competitive swimming, lifesaving and water polo, including school-based programs tied to Singapore's SwimSafer program. Company updates commonly cover financial results, swim-fee revenue and coaching costs, extraordinary general meetings, shareholder voting matters, share consolidations, ordinary-share structure, Nasdaq minimum-bid compliance notices, and its completed initial public offering.
Fitness Champs Holdings Limited (NASDAQ:FCHL), a Singapore-based aquatic sports education provider, has announced the pricing of its initial public offering at $4.00 per ordinary share. The company is offering 3,750,000 ordinary shares, with 2,000,000 shares from the company and 1,750,000 from selling shareholders.
The IPO is expected to generate gross proceeds of $8.0 million for the company. Trading will commence on September 4, 2025, under the ticker symbol "FCHL" on the Nasdaq Capital Market. The offering is expected to close around September 5, 2025, with Bancroft Capital serving as the lead managing underwriter.
The company plans to use the proceeds for strengthening its coaching team, marketing and branding, business development in other aquatic sports, potential strategic acquisitions, loan repayment, and general working capital.