Fenbo announces receipt of Nasdaq notification on min bid price deficiency

Fenbo announced, on September 12, 2025, the Company received a letter from the Listing Qualifications Department of The Nasdaq Stock Market notifying the Company that based on the closing bid price of the ordinary shares of the Company for the last 30 consecutive business days, the Company no longer meets the continued listing requirement of Nasdaq under Nasdaq Listing Rules 5550(a)(2), to maintain a minimum bid price of $1 per share.