Fenbo Holdings Limited Receives Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard

Core Points - Fenbo Holdings Limited has received a Determination Letter from Nasdaq indicating non-compliance with listing rules due to the failure to hold an annual meeting of shareholders within twelve months of the fiscal year end on December 31, 2023 [1][2] - The company has 45 calendar days, until March 3, 2025, to submit a plan to regain compliance, and if accepted, Nasdaq may grant an extension of up to 180 days, until June 30, 2025, to meet the requirements [2] - The company is preparing for the annual meeting and is optimistic about regaining compliance with the Annual Meeting Requirement [2][3] Company Overview - Fenbo Holdings Limited is headquartered in Hong Kong and has over 30 years of experience in producing personal care electric appliances, primarily electrical hair styling products, and toy products for overseas markets [4] - Since 2006, the company has served as an OEM for Spectrum Brands, producing products under the "Remington" brand for markets in Europe, the United States, and Latin America [4]