regulatory
confidence high
sentiment negative
materiality 0.75
Interactive Strength, Inc. (TRNR): Nasdaq/NYSE listing notice — Interactive Strength receives Nasdaq deficiency notice for bid price below $1.00; has 180 days to comply
Interactive Strength, Inc.
- Nasdaq notified on Jan 26, 2024 that TRNR common stock bid price below $1.00 for 30 consecutive business days.
- Company has 180 calendar days until July 24, 2024 to regain compliance with minimum bid price rule.
- Compliance achieved if bid price closes at $1.00 or more for 10 consecutive business days before deadline.
- If not compliant by July 24, may request second 180-day period; failure leads to delisting.
- Company evaluating options including reverse stock split; no assurance of regaining compliance.