(SeaPRwire) – SINGAPORE, April 17, 2026 — Fitness Champs Holdings Limited (referred to as “Fitness Champs Holdings”, “FCHL”, or the “Company”) (NASDAQ: FCHL), a leading aquatic sports education provider in Singapore, today revealed the pricing of its best-efforts public offering. The gross proceeds from the offering are projected to reach around $5 million for the Company, prior to subtracting placement agent fees and other estimated expenses the Company is responsible for, and not including any proceeds from the exercise of offered warrants.
The offering consists of 3,225,000 units (each called a “Unit”). Each Unit includes either one Class A ordinary share of the Company (with a par value of $0.000075 per share, referred to as “Class A Ordinary Shares”) or a pre-funded warrant in place of the share, plus one warrant to buy one Class A Ordinary Share (each a “Warrant”). The public offering price per Unit is $1.550. Each Warrant will have an exercise price of $2.635 per Class A Ordinary Share, and can be exercised starting on the date it is issued and ending six months from that date.
The offering is anticipated to close around April 20, 2026, provided that standard closing conditions are met. The Company plans to allocate the net proceeds from this offering toward business expansion, general working capital needs, and other general corporate uses.
Univest Securities, LLC is serving as the exclusive placement agent for the offering.
The securities detailed above are being offered by the Company under a Form F-1 registration statement (File No. 333-294575) that was previously submitted and declared effective by the Securities and Exchange Commission (the “SEC”) on March 27, 2026. This press release does not constitute an offer to sell or a request to buy these securities, nor will any sales occur in any state or jurisdiction where such an offer, solicitation, or sale would be illegal before the securities are registered or qualified under the local securities laws of that state or jurisdiction. The offering is only available through a written preliminary prospectus and a final prospectus, both of which will be part of the registration statement. A final prospectus for the offering will be filed with the SEC and can be accessed on the SEC’s website at www.sec.gov. When available, electronic copies of the final prospectus can be obtained by reaching out to Univest Securities, LLC at info@univest.us or by calling +1 (212) 343-8888.
About Fitness Champs Holdings Limited
Fitness Champs Holdings Limited is a respected aquatic sports education provider, offering general swimming lessons to kids and adults—including ladies-only sessions—along with aquatic sports classes like water polo, competitive swimming, and lifesaving. Through Singapore’s SwimSafer program, the Company is among the top providers of swimming lessons to children in public schools under the Ministry of Education of Singapore. Since 2012, it has also offered private swimming lessons to children, teens, and adults under its “Fitness Champs” brand. The Company’s goal is to make swimming a fun and affordable activity for all ages, promoting water safety and overall health and fitness. Fitness Champs also intends to become a diversified sports education provider by adding other sports like pickleball to its offerings. For more details, visit the Company’s website at https://ir.fitnesschamps.sg/.
Forward-Looking Statements
Some statements in this announcement are forward-looking, including (but not limited to) those related to the Company’s proposed offering. These forward-looking statements carry both known and unknown risks and uncertainties, and are based on the Company’s current expectations and projections of future events and financial trends that it believes could impact its financial position, operational results, business strategy, and financial requirements—including the expectation that the offering will close. Investors can identify many (though not all) of these statements through words like “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may,” or similar terms. The Company is not obligated to publicly update or revise any forward-looking statements to reflect later events or changes in its expectations, unless required by law. While the Company believes the expectations in these forward-looking statements are reasonable, it cannot guarantee they will be accurate. The Company warns investors that actual results may differ significantly from the expected outcomes and advises them to review other factors affecting its future results in the Company’s registration statement and other SEC filings.
For investor and media queries, please reach out to:
Email: ir@fitnesschampsaquatics.com
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