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Fenbo Holdings Faces Nasdaq Compliance Challenge

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The latest announcement is out from Fenbo Holdings Limited ( (FEBO) ).

On January 16, 2025, Fenbo Holdings Limited received a Determination Letter from Nasdaq indicating non-compliance with the rule requiring an annual meeting of shareholders within twelve months of its fiscal year end, causing a risk of delisting. The company plans to submit a compliance plan by March 3, 2025, with a potential extension to June 30, 2025, if accepted, but faces uncertainty regarding Nasdaq’s acceptance of their plan.

More about Fenbo Holdings Limited

Fenbo Holdings Limited is a company listed on the Nasdaq Stock Market, operating in an undisclosed industry. The company’s principal executive offices are located in Kowloon, Hong Kong.

YTD Price Performance: -10.30%

Average Trading Volume: 64,964

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: $16.37M

Find detailed analytics on FEBO stock on TipRanks’ Stock Analysis page.

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