S-1 · primary and resale
Issued 2024
Proposed maximum
Shares registered
- Filed
- Effective
FBGL$2.22+3.50%
FBS Global Ltd
Sector: General Bldg Contractors - Residential BldgsIndustry: Engineering & ConstructionCountry: SGExchange: Nasdaq
Mkt Cap:$29.9M
Float & O/S:
Inst Own:
DilutionScan read 19 of FBS Global Ltd's SEC filings and found 2 S-1 registrations on file for FBGL. The latest dilution event on file is a registration statement on Oct 17, 2025. Analysis updated Oct 6, 2026.
Signal8 Summary
FBGL
Reverse split with cash-burning micro-cap
Snapshot
FBS Global is a tiny Singapore construction and fit-out firm. FY 2025 revenue jumped 86.8% to $20.3M, but gross margin is thin at 10.2% and the company lost $1.6M with operating cash flow of negative $3.2M.
What's Happening Right Now
- : Shareholders approved a 1-for-10 share consolidation on September 13, 2026, cutting authorized shares from 500 million to 50 million.
- : On September 10, 2026, FBS Global called the meeting to approve the 1-for-10 split, tied to meeting Nasdaq's $1.00 minimum bid-price rule.
- : On July 23, 2026, shares fell 13.2% intraday on light trading volume.
Raise routes on file: pending S-1 · latest dilution event 382 days ago
Overall Risk
Offering Ability
Overhead Supply
Historical
Cash Need
AI dilution summary
The dominant contractual driver and its mechanism, then each further driver ranked.
Latest dilution event
Oct 17, 2025 · Registration
Every warrant, convertible, ATM and shelf, cited to the filing
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Share count and cash history
Shares outstanding, potential dilution and cash over time
Completed
S-1 · primary offering
Issued 2025
Proposed maximum
Shares registered
- Filed
- Effective
Know who's about to sell into your FBGL trade
Exercise prices, conversion terms, shelf headroom and the filing sentence behind every number.
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