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FBS Global (FBGL) restores Nasdaq minimum bid price compliance after deficiency

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

FBS Global Limited reports that it has regained compliance with Nasdaq’s minimum bid price requirement. Nasdaq confirmed that from February 12, 2026 through February 26, 2026, the Company’s ordinary shares closed at $1.00 per share or higher for 10 consecutive business days.

This closes a deficiency matter that began when the shares traded below $1.00 for 30 consecutive business days, triggering notices and a 180-day extension to cure the issue until May 11, 2026. Nasdaq has now confirmed compliance with Listing Rule 5550(a)(2), and the listing issue is considered resolved.

Positive

  • Nasdaq compliance restored: The company’s ordinary shares closed at $1.00 or above for 10 consecutive business days through February 26, 2026, leading Nasdaq to confirm compliance with Listing Rule 5550(a)(2) and close the prior minimum bid price deficiency matter.

Negative

  • None.

Insights

Regaining Nasdaq bid-price compliance removes a key listing risk.

FBS Global Limited confirms its ordinary shares traded at $1.00 or more for 10 straight business days from February 12–26, 2026. This satisfies Nasdaq Listing Rule 5550(a)(2), reversing the earlier deficiency tied to sub-$1.00 prices.

Previously, the company had received a deficiency notice and an additional 180-day compliance period running to May 11, 2026. With Nasdaq now stating the matter is closed, the immediate risk of a bid-price-related delisting is removed, though future compliance will still depend on maintaining qualifying share prices.

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

FORM 6-K

 

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of March 2026

 

Commission file number: 001-42508

 

 

 

FBS Global Limited

 

 

(Exact name of registrant as specified in its charter)

 

74 Tagore Lane, #02-00 Sindo Industrial Estate

Singapore 787498

Tel: +65 62857781

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F ☒ Form 40-F ☐

 

 

 

 

 

 

Information Contained in this Form 6-K Report

 

As previously disclosed in the Form 6-K furnished on May 20, 2025 and November 14, 2025, FBS Global Limited (“Company”) received a deficiency notice (the “Notice”) from the Listing Qualifications Department (the “Staff”) of the Nasdaq Stock Market LLC (“Nasdaq”), notifying the Company that, for the last 30 consecutive business days, the closing bid price for the Company’s ordinary shares (the “Ordinary Shares”) had been below the minimum of $1.00 per Ordinary Share required for continued listing on Nasdaq (the “Minimum Bid Price Rule”). The Company did not regain compliance with the minimum $1.00 bid price per share requirement during the first 180-calendar-day compliance period and submitted a written request to the Staff to provide it with an additional 180-day compliance period to cure the deficiency. On November 12, 2025, the Company received a letter from Nasdaq advising that the Company had been granted an additional 180-day extension, or until May 11, 2026, to regain compliance with the Minimum Bid Price Rule.

 

On February 27, 2026, Nasdaq provided confirmation to the Company that for the last 10 consecutive business days, from February 12, 2026 through February 26, 2026, the closing bid price of the Ordinary Shares has been at $1.00 per share or greater. Accordingly, the Company has regained compliance with Listing Rule 5550(a)(2), and this matter is now closed.

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

  FBS Global Limited
   
Date: March 2, 2026 By:  /s/ Ang Poh Guan
    Ang Poh Guan
    Executive Director and Chief Executive Officer

 

 

 

FAQ

What did FBS Global Limited (FBGL) announce in this 6-K filing?

FBS Global Limited announced it has regained compliance with Nasdaq’s minimum $1.00 bid price rule. Nasdaq confirmed the company’s ordinary shares closed at or above $1.00 for 10 consecutive business days, formally closing the prior deficiency matter under Listing Rule 5550(a)(2).

Why was FBS Global Limited previously non-compliant with Nasdaq rules?

FBS Global Limited became non-compliant after its ordinary shares closed below $1.00 for 30 consecutive business days. This breached Nasdaq’s minimum bid price requirement and led to a deficiency notice from Nasdaq’s Listing Qualifications Department, triggering a defined period to restore compliance.

How did FBS Global Limited regain compliance with Nasdaq’s minimum bid price rule?

The company regained compliance after its ordinary shares closed at $1.00 or higher for 10 straight business days, from February 12, 2026 through February 26, 2026. Nasdaq then confirmed this satisfied Listing Rule 5550(a)(2) and declared the minimum bid price deficiency matter closed.

What deadlines did FBS Global Limited face to fix the Nasdaq bid price issue?

After initially failing to meet the minimum bid price within the first 180-day period, FBS Global Limited requested and received an additional 180-day extension. Nasdaq granted this extension through May 11, 2026, giving the company extra time to restore its share price compliance.

What does closing the Nasdaq deficiency matter mean for FBGL shareholders?

Closing the deficiency matter means Nasdaq currently considers the company in compliance with its minimum bid price rule. This removes the immediate listing risk tied solely to the bid price issue, although continued compliance will depend on future trading prices of the ordinary shares.

Which specific Nasdaq rule did FBS Global Limited comply with again?

FBS Global Limited regained compliance with Nasdaq Listing Rule 5550(a)(2), which requires a minimum bid price of $1.00 per ordinary share. Nasdaq confirmed that the company met this standard for 10 consecutive business days, resolving the earlier bid price deficiency notification.
FBS Global Limited

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