SINGAPORE, Nov. 10, 2025 — Fitness Champs Holdings Limited (“FCHL” or the “Company”) (Nasdaq: FCHL), a prominent aquatic sports education provider in Singapore, today announced its receipt of a notification letter from The Nasdaq Stock Market LLC (“Nasdaq”) on November 6, 2025. This letter informed the Company that, based on the closing bid price of its shares between September 24, 2025, and November 5, 2025, FCHL no longer satisfies Nasdaq’s continued listing requirement, specifically Rule 5550(a)(2), which mandates a minimum bid price of $1 per share.
Under Nasdaq Listing Rule 5810(c)(3)(A), the Company has a period of one hundred eighty (180) calendar days, extending until May 5, 2026, to re-establish compliance with Nasdaq’s continued listing standards. Should the Company fail to regain compliance within this initial period, it may qualify for an additional 180 calendar days if it meets the continued listing requirement for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, excluding the bid price requirement. This would also require the Company to provide written notification of its intent to resolve the deficiency during the second compliance period, potentially through a reverse stock split. However, if it becomes evident that the Company cannot rectify the deficiency, or if it is otherwise ineligible, Nasdaq will issue a notice indicating that the Company’s securities will be subject to delisting.
This notification from Nasdaq does not lead to the immediate delisting of the Company’s ordinary shares, and trading of the shares will proceed without interruption under the symbol “FCHL.”
The Company is actively exploring various strategies to regain compliance and intends to do so promptly with Nasdaq’s continued listing requirement. While FCHL will exert all reasonable efforts to meet Rule 5550(a)(2), there is no guarantee that the Company will successfully regain compliance with this rule or maintain compliance with other Nasdaq continued listing requirements.
About Fitness Champs Holdings Limited
Fitness Champs Holdings Limited is a leading aquatic sports education provider, offering comprehensive swimming lessons for children and adults, including ladies-only classes, as well as specialized aquatic sports courses such as water polo, competitive swimming, and lifesaving. The Company is one of Singapore’s largest providers of swimming lessons to children enrolled in public schools through the Ministry of Education of Singapore’s SwimSafer program. Since 2012, it has also offered private swimming lessons to children, youths, and adults under its “Fitness Champs” brand. The Company aims to make swimming an accessible and enjoyable sport for all ages, promoting water safety and overall health. Fitness Champs also plans to diversify its sports education offerings by expanding into other sports like pickleball. For further information, please visit the Company’s website at .
Forward-Looking Statements
This announcement contains certain forward-looking statements. These statements involve known and unknown risks and uncertainties, relying on the Company’s current expectations and projections regarding future events that could impact its financial condition, operational results, business strategy, and financial needs. Investors can identify many, though not all, of these statements by terms such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” or similar expressions. The Company assumes no obligation to publicly update or revise any forward-looking statements to reflect subsequent events or circumstances, or changes in its expectations, unless legally required. While the Company believes these forward-looking expectations are reasonable, it cannot guarantee their accuracy and advises investors that actual results may differ significantly from anticipated outcomes. Investors are encouraged to review other factors that may influence future results in the Company’s registration statement and other SEC filings.
Fitness Champs Holdings Limited Contact:
Email:
Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
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