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Fitness Champs Holdings Limited Announces Closing of Initial Public Offering
Globenewswire· 2025-09-05 16:10
Core Viewpoint - Fitness Champs Holdings Limited has successfully completed its initial public offering, raising a total of US$8.0 million, which will be utilized for various strategic initiatives to enhance its operations and market presence [1][2]. Group 1: Offering Details - The initial public offering consisted of 3,750,000 ordinary shares priced at US$4.00 each, with 2,000,000 shares offered by the Company and 1,750,000 by selling shareholders [1]. - The shares began trading on the Nasdaq Capital Market under the ticker symbol "FCHL" on September 4, 2025 [1]. - The offering was conducted on a firm commitment basis, with Bancroft Capital, LLC serving as the lead managing underwriter [3]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated to strengthen the coaching team through hiring and training [2]. - Funds will also be directed towards marketing and branding efforts, business development for vertical expansion in aquatic sports, and potential strategic acquisitions [2]. - Additional uses include repayment of loans from the controlling shareholder related to the offering costs and general working capital [2]. Group 3: Company Overview - Fitness Champs Holdings Limited is a prominent provider of aquatic sports education in Singapore, offering swimming lessons and aquatic sports classes [6]. - The Company is recognized as one of the largest providers of swimming lessons to children in public schools through the SwimSafer program [6]. - Future plans include diversifying into other sports education offerings, such as pickleball, to enhance its service portfolio [6].
Fitness Champs(FCHL) - Prospectus
2025-05-19 21:14
As filed with the Securities and Exchange Commission on May 19, 2025 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM F-1 (State or Jurisdiction of Incorporation or Organization) Cayman Islands 7999-67 Not Applicable (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification No.) 7030 Ang Mo Kio Avenue 5, #04-48 NorthStar@AMK Singapore 569880 +65 9005 5495 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 FITNESS CHAMPS HO ...
Fitness Champs(FCHL) - Prospectus(update)
2024-10-18 16:52
As filed with the Securities and Exchange Commission on October 18, 2024 Registration No. 333-282016 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Amendment No. 2 to FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 FITNESS CHAMPS HOLDINGS LIMITED (Exact name of registrant as specified in its charter) Not Applicable (Translation of Registrants name into English) (Primary Standard Industrial Classification Code Number) 7030 Ang Mo Kio Avenue 5, #04-48 NorthStar@AMK Si ...
Fitness Champs(FCHL) - Prospectus
2024-09-09 21:30
As filed with the Securities and Exchange Commission on September 9, 2024 Registration No. 333-[●] UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 FITNESS CHAMPS HOLDINGS LIMITED (Exact name of registrant as specified in its charter) Not Applicable (Translation of Registrants name into English) (State or Jurisdiction of Incorporation or Organization) Cayman Islands 7999-67 Not Applicable (Primary Standard Industrial Cla ...