Fitness Champs Holdings Ltd held its annual general meeting on November 12, 2026, where shareholders approved a significant share consolidation. This decision is part of the company's strategy to enhance its capital structure and comply with Nasdaq requirements.

The meeting took place at 55 Serangoon North Avenue 4, Singapore, and was attended by shareholders representing approximately 44.30% of the total voting power. The company reported that 1,318,742 Ordinary Shares were outstanding, with 1,299,391 being Class A and 19,351 Class B shares.

During the meeting, shareholders voted on several resolutions, including a proposal for a share consolidation. The resolution was passed with overwhelming support, with 98.85% of votes cast in favor.

The consolidation plan involves merging every two Class A ordinary shares into one consolidated share, along with similar actions for Class B and preferred shares. This restructuring is expected to make the shares more appealing to investors and improve the company's standing in the competitive services-miscellaneous amusement and recreation industry.

As part of the consolidation, the authorized share capital will remain at US$23,000,000 but will be restructured into fewer, higher-value shares. This move is designed to align with Nasdaq's listing requirements and enhance the company's market presence.

Looking ahead, Fitness Champs Holdings Ltd will need to submit a completed Company Event Notification Form to Nasdaq to finalize the share consolidation. The company aims to ensure compliance with all necessary regulations as it transitions into this new phase.

The details of the meeting and the voting results were documented in the SEC filing with accession number 0001493152-26-051237.