Fenbo Holdings (FEBO) Faces Nasdaq Delisting Warning
Ticker: FEBO · Form: 6-K · Filed: Jan 24, 2025 · CIK: 1957001
| Field | Detail |
|---|---|
| Company | Fenbo Holdings Ltd (FEBO) |
| Form Type | 6-K |
| Filed Date | Jan 24, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | bearish |
Sentiment: bearish
Topics: delisting-warning, compliance, nasdaq
Related Tickers: FEBO
TL;DR
FEBO got a Nasdaq warning for low stock price, needs to fix it by July 14 or get booted.
AI Summary
Fenbo Holdings Ltd (Nasdaq: FEBO) received a determination letter on January 16, 2025, indicating it is not in compliance with Nasdaq's minimum bid price requirement. The company has until July 14, 2025, to regain compliance.
Why It Matters
Failure to meet Nasdaq's minimum bid price requirement could lead to the delisting of Fenbo Holdings' shares from the exchange, impacting liquidity and investor confidence.
Risk Assessment
Risk Level: medium — The company is at risk of delisting from Nasdaq if it cannot meet the minimum bid price requirement within the specified timeframe.
Key Numbers
- January 16, 2025 — Determination Letter Date (Date Fenbo Holdings received notice of non-compliance.)
- July 14, 2025 — Compliance Deadline (The date by which Fenbo Holdings must regain compliance with Nasdaq's minimum bid price rule.)
Key Players & Entities
- Fenbo Holdings Ltd (company) — Registrant
- Nasdaq (company) — Stock Exchange
- FEBO (company) — Ticker Symbol
- January 16, 2025 (date) — Date of Determination Letter
- July 14, 2025 (date) — Deadline to regain compliance
FAQ
What specific Nasdaq rule is Fenbo Holdings non-compliant with?
Fenbo Holdings is non-compliant with Nasdaq's minimum bid price requirement.
What is the deadline for Fenbo Holdings to regain compliance?
The company has until July 14, 2025, to regain compliance.
What action did Nasdaq take regarding Fenbo Holdings?
Nasdaq sent a determination letter to Fenbo Holdings on January 16, 2025, indicating non-compliance.
What is Fenbo Holdings' ticker symbol?
Fenbo Holdings' ticker symbol is FEBO.
What is the company's principal executive office address?
The principal executive offices are located at Unit J, 19/F, World Tech Centre, 95 How Ming Street, Kwun Tong, Kowloon, Hong Kong.
Filing Stats: 593 words · 2 min read · ~2 pages · Grade level 18.6 · Accepted 2025-01-23 18:38:24
Filing Documents
- form6-k.htm (6-K) — 19KB
- 0001493152-25-003453.txt ( ) — 20KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Dated: January 23, 2025 FENBO HOLDINGS LIMITED /s/ Gareth Tang Gareth Tang Vice-President