09:13 AM EDT, 09/04/2025 (MT Newswires) -- Fitness Champs Holdings (FCHL) said Thursday it priced its initial public offering of 3.75 million ordinary shares at $4 per share.

The shares, 2 million of which are being offered by the company and 1.75 million by selling shareholders, are expected to start trading on the Nasdaq later Thursday with the FCHL ticker symbol.

The Singapore-based aquatic sports education provider said it expects to receive gross proceeds of $8 million from the offering, anticipated to close Friday.

The company said net proceeds will be used to strengthen its coaching team and for marketing and branding, business development, potential acquisitions, loan repayment and general working capital and corporate purposes.