FCHL · Fitness Champs Holdings Limited Common Stock

Fitness Champs Holdings Limited announced a 30-for-1 share consolidation approved by its board on March 24, 2026, effective May 4, 2026. The consolidation aims to ensure compliance with Nasdaq Marketplace Rule 5550(a)(2), which requires a minimum bid price of $1.00 per share. Post-consolidation, the number of issued and outstanding Class A ordinary shares will decrease from 36,950,899 to approximately 1,231,697, and Class B ordinary shares from 580,524 to approximately 19,351, subject to rounding adjustments. No fractional shares will be issued; shareholders entitled to a fractional share will receive one full share instead. The company's Class A ordinary shares will continue trading under the symbol FCHL on the Nasdaq Capital Market, with a new CUSIP number G3580P307. This corporate action is a direct response to a potential delisting threat and is critical for maintaining the company's listing status. Investors should note the reduction in share count and potential price adjustment, which may affect liquidity and market perception.