Fenbo Holdings Limited Faces Nasdaq Listing Deficiency, Seeks Compliance by March 2026

Fenbo Holdings Limited, a Hong Kong-based OEM for Spectrum Brands, has received a Nasdaq notification regarding a minimum bid price deficiency. The company's ordinary shares no longer meet the continued listing requirement of Nasdaq under Listing Rules 5550(a)(2), with a minimum bid price of $1 per share. The notification has no immediate effect, but the company has 180 days to regain compliance.