Bekaert Publishes Transparency Notification: Press Release and Attachments

Bekaert has published a transparency notification regarding its holdings in Nasdaq-listed companies. The notification includes information about the company's shareholdings and the acquisition of new shares. The views and opinions expressed in the notification are those of the author and do not necessarily reflect those of Nasdaq, Inc.

Fenbo Holdings Limited (FEBO), a manufacturer of Remington brand electrical hair styling products, has received a notification from Nasdaq regarding non-compliance with the minimum bid price requirement. The company's stock has traded below $1 per share for 30 consecutive business days, prompting Nasdaq to issue a deficiency notice Fenbo Holdings Limited Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency^[1].

FEBO has been granted an initial 180-day compliance period until March 11, 2026, to regain compliance. If unsuccessful, the company may qualify for an additional 180-day period, provided it meets certain criteria. The company is evaluating options to regain compliance, which may include a reverse stock split Fenbo Holdings Limited Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency^[1].

The notification reflects deeper concerns about FEBO's market performance and investor confidence. Trading below $1 typically indicates market skepticism about a company's financial health or growth prospects. Management is now evaluating options to address this deficiency, which could include implementing a reverse stock split — artificially increasing share price by reducing outstanding shares, though this wouldn't change the company's fundamental value Fenbo Holdings Limited Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency^[1].

While FEBO states it will use "all reasonable efforts" to achieve compliance, the explicit acknowledgment that "there can be no assurance" it will succeed suggests meaningful uncertainty about its ability to resolve these issues. Potential delisting would significantly impact liquidity, institutional investment eligibility, and overall market perception Fenbo Holdings Limited Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency^[1].