Fitness Champs says to effect share consolidation on May 4

Fitness Champs (FCHL) Holdings announced that the company’s board of directors approved on March 24, 2026 that the authorized, issued, and outstanding shares of the company be consolidated on a 30 for 1 ratio with the marketplace effective date of May 4, 2026. The objective of the share consolidation is to enable the company to ensure compliance with Nasdaq Marketplace Rule 5550(a)(2). Beginning with the opening of trading on May 4, 2026, the company’s Class A ordinary shares will trade on the Nasdaq Capital Market on a split-adjusted basis, under the same symbol “FCHL.” The number of issued and outstanding Class A ordinary shares of the company as of April 29, 2026 will be correspondingly reduced from 36,950,899 to approximately 1,231,697, and the number of issued and outstanding Class B ordinary shares of the company will be correspondingly reduced from 580,524 to approximately 19,351, in each case subject to adjustment for rounding.