FBS Global Limited (NASDAQ:FBGL) ("FBS" or the "Company"), a green building contractor and interior fit-out specialist with more than 20 years of operating history, today announced that it has regained compliance with Nasdaq Listing Rule 5550(a)(2), the minimum bid price requirement for continued listing on the Nasdaq Capital Market.
On February 27, 2026, the Company received formal confirmation from The Nasdaq Stock Market LLC that, for the ten consecutive business days from February 12, 2026 through February 26, 2026, the closing bid price of the Company's ordinary shares was at or above $1.00 per share. As a result, the previously disclosed minimum bid price deficiency matter has been resolved and is now closed.
Kelvin Ang, Chief Executive Officer of FBS Global, commented, "Regaining full compliance with Nasdaq's listing standards is an important milestone for the Company and our shareholders. We believe this reflects improving market confidence in our platform, operational discipline and strategic direction. With this matter behind us, management remains focused on executing our secured project portfolio and advancing long-term value creation."
The Company's ordinary shares will continue to trade on the Nasdaq Capital Market under the ticker symbol "FBGL."
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