Fitness Champs Holdings Ltd (FCHL) Form 6-K — Oct 29, 2026
Fitness Champs Holdings (NASDAQ: FCHL) will hold its AGM on November 12, 2026, with a proxy filed via Form 6-K on October 29, 2026. The centerpiece is a two-stage share consolidation: a 2-to-1 consolidation effective promptly after the meeting, followed by a 100-to-1 consolidation conditioned on the company raising at least US$5 million in gross proceeds from an F-1 public offering on or before December 15, 2026. Taken together, the two consolidations produce an aggregate 200-to-1 reduction in shares outstanding, which the board says is 'probably necessary' to maintain compliance with Nasdaq's US$1.00 minimum bid price rule.
Key figures
- Reverse split ratio
- aggregate 200:1 (First: 2:1; Second: 100:1)
- Agm date
- November 12, 2026
- Record date
- October 22, 2026
- Ceo voting power pct
- 42.68
- Fundraising deadline
- December 15, 2026
- Quorum votes required
- 755647
- Class b votes per share
- 50
- Fundraising condition usd
- 5000000
- Ceo ordinary ownership pct
- 1.47
- Class a shares outstanding
- 1299391
- Class b shares outstanding
- 19351
- Authorized share capital usd
- 23000000
AI analysis
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