Fitness Champs Holdings Ltd (FCHL) Form 6-K — May 29, 2026
Fitness Champs Holdings (FCHL) received a Nasdaq deficiency letter on May 26, 2026, citing non-compliance with Listing Rule 5550(b)(1) due to stockholders' equity of $598,490, well below the $2.5 million minimum. The company states that proceeds from a financing completed in May 2026 may have restored compliance, but final determination rests with Nasdaq. FCHL has until July 10, 2026, to confirm compliance or submit a plan to regain compliance, with a potential extension to November 20, 2026. Failure to regain compliance could lead to delisting from the Nasdaq Capital Market.
Key figures
- Extension Deadline
- 2026-11-20
- Compliance Deadline
- 2026-07-10
- Stockholders Equity
- 598490
- Minimum Equity Requirement
- 2500000
- Deficiency Date
- 2026-05-26
- Financing Completed
- May 2026
AI analysis
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