Fitness Champs Holdings Cites $598,490 Equity Below $2.5 Million Requirement in Nasdaq Notice
FCHL•Fitness Champs Holdings reported stockholders’ equity of $598,490 as of December 31, 2025, below Nasdaq’s $2.5 million minimum, prompting a deficiency notice on May 26, 2026. Following its May financing, the company asserts it now meets equity requirements but awaits Nasdaq’s compliance review by July 10, 2026.
1. Nasdaq Deficiency Notice Received
On May 26, 2026, Fitness Champs Holdings received notice for non-compliance with Nasdaq Listing Rule 5550(b)(1) after reporting stockholders’ equity of $598,490 as of December 31, 2025, below the $2.5 million minimum requirement.
2. Financing Improves Equity Position
Following a financing completed in May 2026, the company believes the infusion of funds raises its equity above the required threshold and is awaiting Nasdaq’s final determination on compliance.
3. Compliance Timeline and Potential Outcomes
The company has 45 days, until July 10, 2026, to confirm compliance or submit a plan to regain it and, if accepted, may receive up to 180 days to meet the requirement, with appeal rights available in case of delisting determination.
