FBS Global Regains Compliance with Nasdaq Minimum Bid Price Requirement
Globe Newswire•13/10/2026•16:30 ET
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Key Highlights
- ➤FBGL regained Nasdaq minimum bid compliance after closing above $1 for ten consecutive business days
- ➤Nasdaq closed the deficiency matter effective October 12, 2026
- ➤1-for-10 share consolidation enabled FBGL to regain compliance within its 180-day period
- ➤FBGL continues trading on the Nasdaq Capital Market under symbol FBGL
Expert Statements
Kelvin Ang, Chief Executive Officer of FBS Global
“Resolving this matter within the compliance period was a priority for our Board and management team, and we thank our shareholders for their support. Our focus remains on executing our project portfolio and building long-term value for our shareholders.”
Nasdaq Confirms Closing Bid Price at or Above $1.00 for Ten Consecutive Business Days; Deficiency Matter Closed
Singapore, Oct. 13, 2026 (GLOBE NEWSWIRE) -- FBS Global Limited (Nasdaq: FBGL) (“FBS” or the “Company”), a green building contractor and interior fit-out specialist, today announced that on October 12, 2026, it received formal notification from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) confirming that the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2), which requires listed securities to maintain a minimum bid price of $1.00 per share.
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