Nasdaq bid-price warning puts Fenbo (NASDAQ: FEBO) at risk of delisting

Rhea-AI Filing Summary

Fenbo Holdings Limited reported that it received a Nasdaq notice on September 12, 2025 because the minimum bid price of its ordinary shares stayed below $1.00 for 30 consecutive business days, violating Nasdaq Listing Rule 5550(a)(2). The notice does not immediately remove the shares from Nasdaq, and they continue trading under the symbol FEBO.

The company has 180 calendar days, until March 11, 2026, to regain compliance by having a closing bid price of at least $1.00 for at least 10 consecutive business days. If it fails to do so, Fenbo may seek an additional 180-day grace period, provided it meets other Nasdaq Capital Market listing standards and indicates how it plans to cure the deficiency, potentially including a reverse stock split.

Positive

• None.

Negative

• Nasdaq minimum bid-price deficiency: Fenbo’s shares traded below $1.00 for 30 consecutive business days, triggering a Nasdaq compliance notice and potential future delisting risk.

Insights

Equity analyst

Nasdaq bid-price deficiency introduces real delisting risk and may force structural actions like a reverse split.

Fenbo Holdings Limited has fallen out of compliance with Nasdaq’s $1.00-per-share minimum bid requirement after 30 consecutive business days below that level. This places the company in a formal deficiency status, although its shares continue to trade under the symbol FEBO.

Nasdaq has given Fenbo until March 11, 2026 to restore a closing bid price of at least $1.00 for 10 consecutive business days. Failure to do so could lead to delisting proceedings unless Fenbo qualifies for a second 180-day period by satisfying other Nasdaq Capital Market initial listing standards related to publicly held share value and similar criteria.

The disclosure that Fenbo may cure the issue “including by effecting a reverse stock split, if necessary” signals that corporate actions affecting share count and trading price are on the table. How the company addresses the bid-price deficiency and whether it gains any extension will be key themes in future company communications and regulatory updates.

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 September 2025

Commission File Number: 001-41873

FENBO HOLDINGS LIMITED

(Translation of registrant’s name into English)

Unit J, 19/F, World Tech Centre

95 How Ming Street

Kwun Tong

Kowloon, Hong Kong

(Address of Principal Executive Offices)

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

Form 20-F ☒ Form 40-F ☐

Fenbo Holdings Limited (the “Company”) received a notice dated September 12, 2025, from the Listings Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that the minimum bid price per share of its ordinary shares was below $1.00 for a period of 30 consecutive business days and that the Company did not meet the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Rule”). The Nasdaq notification letter does not result in the immediate delisting of the Company’s ordinary shares, and the ordinary shares will continue to trade uninterrupted under the symbol “FEBO.”

Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has a compliance period of one hundred eighty (180) calendar days, or until March 11, 2026 (the “Compliance Period”), to regain compliance with Nasdaq’s minimum bid price requirement. If at any time during the Compliance Period, the closing bid price per share of the Company’s ordinary shares is at least $1.00 for a minimum of ten (10) consecutive business days, Nasdaq will provide the Company a written confirmation of compliance and the matter will be closed.

In the event the Company does not regain compliance by March 11, 2026, the Company may be eligible for an additional 180 calendar day grace period. To qualify, the Company will be required to 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 will need to provide written notice of its intention to cure the deficiency during the second compliance period, including by effecting a reverse stock split, if necessary.

On September 16, 2025, the Company issued a press release announcing the receipt of the Nasdaq notification letter. A copy of the press release dated September 16, 2025 is included as Exhibit 99.1 to this report.

EXHIBIT INDEX

Exhibit No.		Description
99.1		Press Release dated September 16, 2025

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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.

	Fenbo Holdings Limited
Date: September 19, 2025	By:	/s/ Huang Hongwu
	Name:	Huang Hongwu
	Title:	Chief Executive Officer and Executive Director

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FAQ

Why did Fenbo Holdings Limited (FEBO) receive a Nasdaq notice?

Fenbo received a notice from Nasdaq’s Listings Qualifications Department because the minimum bid price of its ordinary shares stayed below $1.00 for 30 consecutive business days, violating Nasdaq Listing Rule 5550(a)(2).

Is Fenbo Holdings Limited being immediately delisted from Nasdaq?

No. The Nasdaq notification does not result in immediate delisting, and Fenbo’s ordinary shares continue to trade uninterrupted on Nasdaq under the symbol FEBO.

How long does Fenbo have to regain Nasdaq bid-price compliance?

Under Nasdaq Listing Rule 5810(c)(3)(A), Fenbo has 180 calendar days, until March 11, 2026, to regain compliance by achieving a closing bid price of at least $1.00 for a minimum of 10 consecutive business days.

Can Fenbo get more time if it does not meet the $1.00 bid price by March 11, 2026?

If Fenbo does not regain compliance by March 11, 2026, it may be eligible for an additional 180-day grace period if it meets Nasdaq Capital Market initial listing standards other than the bid price and notifies Nasdaq of its plan to cure the deficiency.

What steps might Fenbo take to fix the Nasdaq bid-price deficiency?

Fenbo states it could cure the deficiency “including by effecting a reverse stock split, if necessary,” which would consolidate shares to potentially increase the market price per share.

Did Fenbo issue a public statement about the Nasdaq notice?

Yes. Fenbo issued a press release on September 16, 2025 announcing receipt of the Nasdaq notification letter, which is attached as Exhibit 99.1 to the report.