(SeaPRwire) – SINGAPORE, March 18, 2026 — Fitness Champs Holdings Limited (“Fitness Champs Holdings”, “FCHL” or the “Company”) (NASDAQ: FCHL), a premier aquatic sports education provider in Singapore, today announced that its board of directors approved on February 12, 2026, a 15-for-1 consolidation of the Company’s authorized, issued, and outstanding shares, effective in the marketplace on March 23, 2026.
The share consolidation aims to help the Company restore compliance with Nasdaq Marketplace Rule 5550(a)(2) and preserve its Nasdaq listing.
Starting at the opening of trading on March 23, 2026, the Company’s Class A ordinary shares will be traded on the Nasdaq Capital Market on a split-adjusted basis, retaining the same ticker symbol “FCHL” but with a new CUSIP number, G3580P208.
Following the share consolidation, every 15 outstanding ordinary shares will automatically merge and convert into one issued and outstanding ordinary share, requiring no action from shareholders. No fractional shares will be distributed to any shareholders as part of the consolidation, and each shareholder will receive one Company share in place of any fractional share that would have otherwise resulted.
The Company has re-designated and re-classified its shares, restructuring the authorized share capital from (i) US$500,000 divided into 100,000,000,000 shares with a nominal or par value of US$0.000005 each to (ii) US$500,000 divided into (a) 80,000,000,000 Class A ordinary shares with a nominal or par value of US$0.000005 each, (b) 10,000,000,000 Class B ordinary shares with a nominal or par value of US$0.000005 each, and (c) 10,000,000,000 preferred shares with a nominal or par value of US$0.000005 each. This was accomplished by re-designating and re-classifying (x) 79,991,707,850 unissued shares with a nominal or par value of US$0.000005 each into 79,991,707,850 unissued Class A ordinary shares with a nominal or par value of US$0.000005 each, (y) 9,991,292,150 unissued shares with a nominal or par value of US$0.000005 each into 9,991,292,150 unissued Class B ordinary shares with a nominal or par value of US$0.000005 each, and (z) 10,000,000,000 unissued shares with a nominal or par value of US$0.000005 each into 10,000,000,000 unissued preferred shares with a nominal or par value of US$0.000005 each. Additionally, the Company’s currently issued 17,000,000 shares with a nominal or par value of US$0.000005 each have been re-designated and re-classified into 8,292,150 Class A ordinary shares with a nominal or par value of US$0.000005 each carrying 1 vote per share, 8,707,850 Class B ordinary shares with a nominal or par value of US$0.000005 each carrying 50 votes per share, and 0 preferred shares with a nominal or par value of US$0.000005 each, on a one-for-one basis.
About Fitness Champs Holdings Limited
Fitness Champs Holdings Limited is a leading aquatic sports education provider that delivers general swimming instruction to children and adults, including ladies-only classes, along with aquatic sports programs such as water polo, competitive swimming, and lifesaving. The Company ranks among the largest providers of swimming lessons to children in Singapore’s public schools through the Ministry of Education’s SwimSafer program and has been delivering private swimming instruction to children, youth, and adults under its “Fitness Champs” brand since 2012. The Company strives to make swimming a fun and accessible activity for children and adults, promoting water safety, fitness, and health. Fitness Champs also intends to expand into a diversified sports education provider by adding other sports like pickleball to its portfolio. Additional information is available on the Company’s website at https://ir.fitnesschamps.sg/.
For investor and media inquiries, please contact:
Email: ir@fitnesschampsaquatics.com
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