FBS Global's 1-for-10 reverse split awaits Nasdaq

The consolidation is intended to raise FBGL’s per-share trading price to meet Nasdaq’s US$1.00 minimum bid price requirement for continued listing.

Rhea-AI Filing Summary

FBS Global Limited (FBGL) announced a one-for-ten reverse split of its ordinary shares, approved by shareholders on September 13, 2026. The consolidation is conditional upon Nasdaq clearance or authorization and will take effect immediately upon receipt. FBGL’s shares are expected to begin split-adjusted trading on September 28, 2026, under the same symbol.

Each ten issued and outstanding shares will become one. Issued and outstanding shares were 13,500,000 before the consolidation, and approximately 1,350,000 are expected afterward. The authorized share count will change from 500,000,000 to 50,000,000, and par value from US$0.001 to US$0.01 per share. Proportionate ownership will remain unchanged except for fractional entitlements; no fractional shares will be issued, and the Board may round them up or arrange a sale and distribute the net proceeds. The stated purpose is to raise the per-share trading price to meet Nasdaq’s US$1.00 minimum bid price requirement for continued listing.

Key Figures

Reverse split ratio: 1-for-10 Issued and outstanding ordinary shares before consolidation: 13,500,000 shares Expected issued and outstanding ordinary shares after consolidation: Approximately 1,350,000 shares +4 more

7 metrics

Reverse split ratio 1-for-10 Approved by shareholders

Issued and outstanding ordinary shares before consolidation 13,500,000 shares Before the Share Consolidation

Expected issued and outstanding ordinary shares after consolidation Approximately 1,350,000 shares Following the Share Consolidation

Authorized shares before consolidation 500,000,000 shares Before the Share Consolidation

Authorized shares after consolidation 50,000,000 shares Following the Share Consolidation

Minimum bid price requirement US$1.00 per share Nasdaq Capital Market continued listing requirement cited as the consolidation’s intended purpose

Expected split-adjusted trading start September 28, 2026 Nasdaq Capital Market

Key Terms

Share Consolidation, split-adjusted basis, fractional entitlements, minimum bid price requirement

4 terms

Share Consolidation technical

"approving a one-for-ten reverse stock split (the “Share Consolidation”)"

Share consolidation is a process where a company reduces the total number of its shares by combining multiple existing shares into a smaller number of higher-value shares. This can make each share more expensive and potentially improve the company’s image. For investors, it often means their ownership remains the same, but the value of each share increases, which can influence how the stock is perceived and traded.

split-adjusted basis technical

"begin trading on the Nasdaq Capital Market on a split-adjusted basis"

An adjustment to historical share prices and share counts that reflects past stock splits or reverse splits so that old data lines up with the current number of shares. Think of it like resizing an old photograph so it matches a new frame: it keeps price charts, returns and per‑share metrics comparable over time, which matters to investors who need accurate performance, valuation and trend analysis.

fractional entitlements financial

"settle any fractional entitlements"

Fractional entitlements occur when a corporate action (like a dividend, stock split, rights offering or consolidation) would give a shareholder a non-whole share or security — for example, 0.5 of a share. Companies typically settle these fractions by paying a small cash amount or rounding up/down, and this matters to investors because it changes cash balances, can slightly alter ownership percentages, and may have small tax and record-keeping implications, much like receiving change after splitting a bill.

minimum bid price requirement regulatory

"US$1.00 minimum bid price requirement for continued listing"

A minimum bid price requirement is a rule that a stock must trade above a set price for a specified period to stay listed on an exchange. It matters to investors because falling below that threshold can trigger warnings or removal from the exchange, which can cut liquidity, reduce visibility, and often lead to sharper declines in share value—think of it like a venue’s minimum dress code that, if not met, can bar a performer from the stage.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is FBGL’s reverse split ratio?

FBGL approved a one-for-ten reverse split: each ten issued and outstanding ordinary shares will become one. The company states that each shareholder’s proportionate ownership interest will remain unchanged, except for the treatment of fractional entitlements.

How many FBGL shares are expected to be outstanding after the reverse split?

FBGL expects to have approximately 1,350,000 ordinary shares issued and outstanding after the consolidation, compared with 13,500,000 before it. The post-consolidation figure is approximate.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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 OF THE

SECURITIES EXCHANGE ACT OF 1934

For the month of September 2026

Commission File Number 001-42508

FBS GLOBAL LIMITED

(Translation of registrant’s name into English)

74 Tagore Lane, #02-00 Sindo Industrial Estate

Singapore 787498

(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 ☐

EXHIBIT INDEX

Exhibit No.		Description of Exhibit
99.1		Press Release issued on September 24, 2026

SIGNATURES

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

Date: September 24, 2026	FBS GLOBAL LIMITED
	By:	/s/ Kelvin Ang
		Kelvin Ang
		Chief Executive Officer

Exhibit 99.1

FBS Global Limited Announces 1-for-10 Share Consolidation

Singapore – September 24, 2026 – FBS Global Limited (Nasdaq: FBGL) (“FBS” or the “Company”) today announced that, at the extraordinary general meeting of shareholders held on September 13, 2026, its shareholders passed an ordinary resolution approving a one-for-ten reverse stock split (the “Share Consolidation”) of the Company’s issued and unissued ordinary shares of a par value of US$0.001 each (the “Ordinary Shares”), which had previously been recommended by the Company’s board of directors (the “Board”). The Share Consolidation is subject to and conditional upon, and will be effected immediately upon, the Company obtaining clearance or authorization from The Nasdaq Stock Market LLC (“Nasdaq”). Beginning September 28, 2026, the Company’s Ordinary Shares are expected to begin trading on the Nasdaq Capital Market on a split-adjusted basis under the same symbol “FBGL” but with a new CUSIP number, G3337S117, and a new par value of US$0.01 per share.

As a result of the Share Consolidation, each ten Ordinary Shares issued and outstanding will automatically be consolidated into one Ordinary Share without any action on the part of shareholders who hold their shares in brokerage accounts or “street name.” Shareholders holding certificated shares are expected to receive instructions from the Company’s transfer agent, VStock Transfer, LLC, regarding procedures for exchanging share certificates. No fractional shares will be issued upon the Share Consolidation. Instead, the Board is authorized to settle any fractional entitlements, either by rounding them up to the nearest whole share or by arranging for the sale of the shares representing fractions and distributing the net proceeds to the shareholders entitled to them.

The Share Consolidation is intended to increase the per share trading price of the Ordinary Shares to satisfy the US$1.00 minimum bid price requirement for continued listing on the Nasdaq Capital Market. Prior to the Share Consolidation, the authorized share capital of the Company is US$500,000 divided into 500,000,000 shares with a par value of US$0.001 each, of which 13,500,000 Ordinary Shares are issued and outstanding. Following the Share Consolidation, the authorized share capital of the Company will be US$500,000 divided into 50,000,000 shares with a par value of US$0.01 each, and the Company will have approximately 1,350,000 Ordinary Shares issued and outstanding. Each shareholder’s proportionate ownership interest will remain unchanged, other than for the treatment of fractional entitlements.

About FBS Global Limited

FBS Global Limited (Nasdaq: FBGL) is a construction and building systems specialist focused on high-specification, execution-driven projects across commercial, industrial and public sector markets. The Company delivers technically complex additions and alterations (A&A), retrofitting, insulation systems, lead-lined drywall partitions, false ceiling installations, and integrated interior build-outs.

With more than 30 years of operating experience, FBS targets projects requiring precision engineering, regulatory compliance expertise and coordinated multi-system execution. The Company is focused on expanding its secured project pipeline, increasing participation in public infrastructure works, and driving disciplined, execution-led growth.

For additional information, please visit the Company’s website at https://www.fbsglobal.com.sg/.

Forward-Looking Statements

Certain statements in this release, including statements regarding the receipt of Nasdaq clearance for, and the timing, implementation and expected effects of, the Share Consolidation and the Company’s continued listing on Nasdaq, constitute forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. The words “believe,” “forecast,” “project,” “intend,” “expect,” “plan,” “should,” “would,” and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors, any of which could cause the Company to not achieve some or all of its goals or the Company’s previously reported actual results, performance (finance or operating), including those expressed or implied by such forward-looking statements. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company’s filings with the Securities and Exchange Commission (the “SEC”), copies of which may be obtained from the SEC’s website at www.sec.gov. The Company assumes no, and hereby disclaims any, obligation to update the forward-looking statements contained in this press release, other than as required by applicable law.

Contact:

FBS Global Limited

Tel: +65 6285778

Email: finebuild@singnet.com.sg

Filing Exhibits & Attachments

2 documents

Press Releases

• EX-99.1 EX-99.1 11.3 KB
• EX-99 GRAPHIC 4.4 KB