Core Points - Fitness Champs Holdings Limited ("FCHL") has received a notification from Nasdaq indicating that it no longer meets the minimum bid price requirement of $1 per share [1][2] - The company has a compliance period of 180 days, until May 5, 2026, to regain compliance with Nasdaq's listing requirements [2] - If compliance is not achieved within this period, the company may be eligible for an additional 180 days under certain conditions [2] - The notification does not result in immediate delisting, and shares will continue to trade under the symbol "FCHL" [3] - The company is actively evaluating options to regain compliance and intends to meet Nasdaq's requirements [3] Company Overview - Fitness Champs Holdings Limited is a prominent aquatic sports education provider in Singapore, offering swimming lessons and aquatic sports classes [4] - The company is one of the largest providers of swimming lessons to children in public schools through the SwimSafer program [4] - Fitness Champs aims to expand its offerings to include other sports, such as pickleball, to diversify its sports education services [4]
FITNESS CHAMPS HOLDINGS LIMITED ANNOUNCES RECEIPT OF NASDAQ NOTIFICATION LETTER REGARDING MINIMUM PRICE DEFICIENCY