Fenbo Holdings Limited, through its subsidiaries, manufactures and sells personal care electric appliances and toys products. The company offers curling wands and irons, flat irons and hair straighteners, hair dryers, trimmers, nail polishers, pet shampoo brushes, eyebrow pliers, etc. It serves customers in Europe, North America, South America, Asia, and internationally. The company was founded in 1993 and is headquartered in Kwun Tong, Hong Kong. Fenbo Holdings Limited operates as a subsidiary of Luxury Max Investments Limited.
Fenbo Holdings Limited Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency
Fenbo Holdings received a Nasdaq notification that its Class A ordinary shares no longer meet the minimum bid price requirement of $1.00 per share after trading below that level for 30 consecutive business days.
The company has a compliance period of 180 calendar days, or until January 25, 2027, to regain compliance by maintaining a closing bid price of at least $1.00 for ten consecutive business days.
There is no immediate effect on the listing or trading of the shares, and Fenbo may be eligible for an additional 180-day period if it fails to regain compliance by the initial deadline.