Fenbo Holdings Limited Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency
Fenbo Holdings (NASDAQ: FEBO), an OEM manufacturer of Remington brand electrical hair styling products, has received a notification from Nasdaq regarding non-compliance with the minimum bid price requirement. The company's stock has traded below $1 per share for 30 consecutive business days.
FEBO has been granted an initial 180-day compliance period until March 11, 2026 to regain compliance. If unsuccessful, the company may be eligible for an additional 180-day period if it meets certain criteria. The company is evaluating options to regain compliance, which may include a reverse stock split, though there is no guarantee of success.
Fenbo Holdings (NASDAQ: FEBO), produttore OEM di prodotti per lo styling dei capelli elettrici del marchio Remington, ha ricevuto una comunicazione da Nasdaq riguardo la non conformità al requisito minimo del prezzo di offerta. Le azioni della società hanno scambiato sotto $1 per azione per 30 giorni lavorativi consecutivi.
FEBO ha ottenuto un periodo iniziale di conformità di 180 giorni fino all’11 marzo 2026 per tornare a conformarsi. Se non dovesse riuscirci, la società potrebbe avere diritto a un ulteriore periodo di 180 giorni se soddisfa determinati criteri. L’azienda sta valutando opzioni per tornare conforme, tra cui potrebbe esserci uno split azionario inverso, sebbene non vi sia alcuna garanzia di successo.
Fenbo Holdings (NASDAQ: FEBO), fabricante OEM de productos eléctricos para peinados de la marca Remington, ha recibido una notificación de Nasdaq sobre incumplimiento del requisito de precio de oferta mínimo. Las acciones de la empresa se han negociado por debajo de $1 por acción durante 30 días hábiles consecutivos.
FEBO ha obtenido un periodo inicial de cumplimiento de 180 días hasta el 11 de marzo de 2026 para volver a cumplir. Si no tiene éxito, la empresa podría ser elegible para un periodo adicional de 180 días si cumple ciertos criterios. La empresa está evaluando opciones para volver a cumplir, lo que podría incluir un desdoblamiento inverso de acciones, aunque no hay garantía de éxito.
Fenbo Holdings (NASDAQ: FEBO), Remington 브랜드의 전기식 헤어스타일링 제품을 OEM으로 제조하는 회사는 Nasdaq로부터 최소 매수 가격 요건 위반에 대한 통지를 받았습니다. 회사의 주식은 주당 1달러 미만으로 30영업일 연속 거래되었습니다.
FEBO는 규정 준수를 재확인하기 위한 초기 180일의 규정 준수 기간을 2026년 3월 11일까지 부여받았습니다. 성공하지 못하면 특정 기준을 충족할 경우 추가로 180일의 기간을 받을 자격이 있을 수 있습니다. 회사는 규정 준수 재달성을 위한 옵션을 평가 중이며, 주식 역분할을 포함할 수 있으나 성공이 보장되지는 않습니다.
Fenbo Holdings (NASDAQ: FEBO), fabricant OEM de produits capillaires électriques de la marque Remington, a reçu une notification de Nasdaq concernant le non-respect de l’exigence de prix d’offre minimum. Les actions de la société se sont négociées en dessous de 1 $ par action pendant 30 jours ouvrables consécutifs.
FEBO bénéficie d’une période initiale de conformité de 180 jours jusqu’au 11 mars 2026 pour regagner la conformité. En cas d’échec, l’entreprise pourrait être éligible à une période supplémentaire de 180 jours si elle remplit certains critères. La société évalue des options pour regagner la conformité, ce qui pourrait inclure un fractionnement d’actions inversé, bien qu’il n’y ait aucune garantie de réussite.
Fenbo Holdings (NASDAQ: FEBO), OEM-Hersteller von Remington-Marke elektrischen Haarpflegeprodukten, hat von Nasdaq eine Mitteilung über Nichteinhaltung der Mindestpreisanforderung erhalten. Die Aktien des Unternehmens haben $1 pro Aktie über 30 aufeinanderfolgende Handelstage gehandelt.
FeBo erhält eine anfängliche 180-tägige Compliance-Frist bis zum 11. März 2026, um die Einhaltung wiederherzustellen. Wenn dies nicht gelingt, könnte das Unternehmen berechtigt sein, eine zusätzliche 180-tägige Frist zu erhalten, sofern bestimmte Kriterien erfüllt sind. Das Unternehmen prüft Optionen zur Wiederherstellung der Compliance, einschließlich eines umgekehrten Aktiensplits (Reverse-Stock-Splits), obwohl kein Erfolg garantiert ist.
Fenbo Holdings (NASDAQ: FEBO)، الشركة المصنِّعة OEM لمنتجات تمليس الشعر الكهربائية من علامة Remington، قد تلقت إشعاراً من Nasdaq بخصوص عدم الامتثال لمتطلب سعر العرض الأدنى. تم تداول أسهم الشركة أقل من دولار واحد للسهم لمدة 30 يوماً عملياً متتالياً.
منحت FEBO فترة امتثال ابتدائية من 180 يوماً حتى 11 مارس 2026 لاستعادة الامتثال. إذا لم ينجح الأمر، قد تكون الشركة مؤهلة للحصول على فترة إضافية من 180 يوماً إذا استوفت معايير محددة. تقيم الشركة خيارات لاستعادة الامتثال، والتي قد تشمل تقسيماً عكسياً للأسهم، رغم أنه لا يوجد ضمان للنجاح.
Fenbo Holdings（NASDAQ: FEBO），Remington 品牌电发用产品的OEM制造商，已收到纳斯达克关于未能符合最低交易价格要求的通知。公司的股票在连续 30 个交易日低于 $1。
FEBO 获得初始 180 天的合规期，直到 2026 年 3 月 11 日，以重新达到合规。如果未成功，该公司在符合特定条件时，可能有资格获得额外的 180 天期限。公司正在评估重新合规的选项，可能包括进行 股票反向拆分，尽管不能保证成功。
- Company has 180 days to regain compliance with potential for additional 180-day extension
- No immediate effect on current Nasdaq listing status
- Company maintains relationship with major client Spectrum Brands
- Stock price has fallen below $1 minimum bid requirement
- Risk of potential delisting from Nasdaq if compliance is not achieved
- May need to implement reverse stock split to maintain listing
Insights
Nasdaq warning for FEBO as shares trade below $1; company has until March 2026 to regain compliance or face delisting.
Fenbo Holdings (FEBO) has received a deficiency notice from Nasdaq for failing to maintain the minimum bid price requirement of $1 per share over the last 30 consecutive trading days. While there's no immediate impact on its listing status, this development signals significant compliance challenges ahead.
The company now enters a 180-day compliance period ending March 11, 2026, during which it must regain compliance by maintaining a closing bid price of at least $1 for a minimum of 10 consecutive business days. If unsuccessful, FEBO may qualify for an additional 180-day extension, provided it meets all other Nasdaq Capital Market listing standards except the bid price requirement.
This notification reflects deeper concerns about FEBO's market performance and investor confidence. Trading below $1 typically indicates market skepticism about a company's financial health or growth prospects. Management is now evaluating options to address this deficiency, which could include implementing a reverse stock split — artificially increasing share price by reducing outstanding shares, though this wouldn't change the company's fundamental value.
While FEBO states it will use "all reasonable efforts" to achieve compliance, the explicit acknowledgment that "there can be no assurance" it will succeed suggests meaningful uncertainty about its ability to resolve these issues. Potential delisting would significantly impact liquidity, institutional investment eligibility, and overall market perception.
Hong Kong, Sept. 16, 2025 (GLOBE NEWSWIRE) -- Fenbo Holdings Limited (NASDAQ: FEBO) (“FEBO”, or the “Company”), an established original equipment manufacturer (OEM) for Spectrum Brands, a global home essentials company, producing electrical hair styling products under the “Remington” brand, today announced, on September 12, 2025, the Company received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that based on the closing bid price of the ordinary shares of the Company for the last 30 consecutive business days, 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
The notification has no immediate effect on the listing or trading of the Company’s ordinary shares on Nasdaq. Nasdaq has provided the Company with an 180 calendar days compliance period, or until March 11, 2026, in which 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 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 Fenbo Holdings Limited
The Company’s operating history began in 1993 when Fenbo Industries Limited was founded in Hong Kong by Mr. Li Kin Shing as a toy manufacturer and distributor. As the toy market deteriorated, he founded Able Industries Limited in 2005 in Hong Kong and shifted the operations to the manufacturing and sales of personal care electric appliances. The manufacturing subsidiary, Fenbo Plastic Products Factory (Shenzhen) Ltd., located in Guangdong, PRC, was formed in the PRC in 2010 and is capable of producing over three million units per year. The Company currently act as both an original equipment manufacturer and historically have also served as an original design manufacturer. For more information, please visit the Company’s website at http://www.fenbo.com.
Forward-Looking Statements
This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company may also make written or oral forward-looking statements in its reports filed with, or furnished to, the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company’s goals and strategies; the Company’s future business development; financial condition and results of operations; product and service demand and acceptance; reputation and brand; the impact of competition and pricing; changes in technology; government regulations; fluctuations in general economic and business conditions in U.S., Hong Kong and China and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.
For more information, please contact:
Fenbo Holdings Limited
Huang Hongwu
Chief Executive Officer and Chairman of the Board of Directors
Telephone: +(852) 2343-3328
Email: huanghongwu@fenbo.com
FAQ
Why did Fenbo Holdings (FEBO) receive a Nasdaq deficiency notice in September 2025?
What is the deadline for Fenbo Holdings (FEBO) to regain Nasdaq compliance?
What options does Fenbo Holdings (FEBO) have to maintain Nasdaq listing?
Will Fenbo Holdings (FEBO) be immediately delisted from Nasdaq?
What happens if Fenbo Holdings (FEBO) fails to meet Nasdaq's minimum bid requirement?
