tiprankstipranks
Company Announcements

Fenbo Holdings Faces Nasdaq Compliance Challenge

Story Highlights

Invest with Confidence:

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.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App