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Fenbo Holdings Limited Receives Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard

  • Hong Kong, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Fenbo Holdings Limited (NASDAQ: FEBO) (the “Company” or “Fenbo”), an established original equipment manufacturer (OEM) for Spectrum Brands, a global home essentials company, producing electrical hair styling products under the “Remington” brand, announced that the Company received a letter on January 16, 2025 (the “Determination Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”). The Determination Letter notified the Company that it is not in compliance with Nasdaq Listing Rule 5620(a) and 5810(c)(2)(G), which requires that Nasdaq-listed companies hold an annual meeting of shareholders within twelve months of their fiscal year end (the “Annual Meeting Requirement”), because the Company did not hold an annual meeting of shareholders within twelve months of its fiscal year end December 31, 2023. The notification received has no immediate effect on the Company's Nasdaq listing. In accordance with Nasdaq rules, the Company has 45 calendar days, or until March 3, 2025 to submit a plan to regain compliance with the Annual Meeting Requirement.
    01/28/2025

Fenbo Holdings Limited Announces Fiscal Year 2024 First Half Financial Results

  • HONG KONG, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Fenbo Holdings Limited (Nasdaq: FEBO) (the “Company”, “we”, “our”, “us” or “FEBO”), an established original equipment manufacturer (OEM) for a global home essential company, producing electrical hair styling products under the “Remington” brand which are sold to overseas markets, today announced its unaudited financial results for the six months ended June 30, 2024.
    10/03/2024
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Fenbo Holdings Limited Announces Appointment of Mr. Meng Derong as Co-Chairman and Independent Non-Executive Director

  • Hong Kong, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Fenbo Holdings Limited (the “Company” or “Fenbo”), an established provider of personal care electric appliances and toys products to overseas markets, today announced the appointment of Mr. Meng Derong as Co-Chairman and Independent Non-Executive Director, effective on January 1, 2024.
    Wed, Jan. 03, 2024

U.S. IPO Weekly Recap: November IPO Market Ends With More Small Deals

  • Hong Kong-based financial services firm Garden Stage offered more shares and priced at the low end to raise $10 million at a $64 million market cap. This past week, product testing and certification provider UL Solutions and Chinese EV brand ZEEKR reportedly pushed back their respective offerings to 2024. This past week saw confidential filing news from several big names, including fast fashion giant SHEIN, bakery café chain Panera Brands, and alternative asset manager HPS Investment Partners.
    Sun, Dec. 03, 2023

Fenbo Holdings Limited Announces Closing of Its Initial Public Offering

  • Hong Kong, Dec. 01, 2023 (GLOBE NEWSWIRE) -- Fenbo Holdings Limited (the “Company” or “Fenbo”), an established provider of personal care electric appliances and toys products to oversea markets, today announced the closing of its initial public offering (the "Offering") of 1,000,000 ordinary shares (the "Ordinary Shares") at a public offering price of $5.00 per share for total gross proceeds of $5,000,000, before deducting underwriting discounts and other offering expenses. The Offering closed on December 1, 2023 and the Ordinary Shares began trading on Nasdaq Capital Market on November 30, 2023, under the ticker symbol "FEBO".
    Fri, Dec. 01, 2023

Fenbo Holdings Limited Announces Pricing of Its Initial Public Offering

  • Hong Kong, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Fenbo Holdings Limited (the “Company” or “Fenbo”), an established provider of personal care electric appliances and toys products to oversea markets, today announced the pricing of its initial public offering (the "Offering") of 1,000,000 ordinary shares (the "Ordinary Shares") at a public offering price of $5.00 per share for total gross proceeds of $5,000,000, before deducting underwriting discounts and other offering expenses. The Ordinary Shares have been approved for listing on the Nasdaq Capital Market and are expected to commence trading on November 30, 2023, under the ticker symbol "FEBO".
    Wed, Nov. 29, 2023

Fenbo Holdings Seeks $5 Million In U.S. Micro-IPO

  • Fenbo Holdings Limited has filed for a $5 million IPO to raise capital for its personal care electric appliances business. The company's financial performance has been declining, with decreasing revenue, gross profit, and cash flow from operations. The IPO carries risks such as reliance on a single customer and exposure to regulatory and financial changes in China.
    Wed, Sep. 13, 2023
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