---
schema_version: "secwatch.filing_event.v1"
accession: "0001078207-23-000123"
form_type: "8-K"
ticker: null
cik: "0001078207"
company_name: "BOWFLEX INC."
filed_at: "2023-09-27T23:59:59+00:00"
generated_at: "2026-06-10T08:03:01.271103+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Nautilus receives NYSE non-compliance notice for share price below $1.00

## Summary
- NYSE notified Nautilus on Sept 21, 2023, that average closing price was below $1.00 over 30 consecutive trading days.
- Company has six months from notice date to cure the deficiency; no immediate delisting impact.
- Intends to notify NYSE of intent to cure within 10 business days.
- To regain compliance, closing price must be at least $1.00 on last trading day of a month and average at least $1.00 over prior 30 days.
- If a cure requires shareholder approval, price condition may be deemed cured if price exceeds $1.00 for at least 30 trading days following shareholder meeting.

## SEC filing metadata
- accession: 0001078207-23-000123
- form_type: 8-K
- cik: 0001078207
- company_name: BOWFLEX INC.
- filed_at: 2023-09-27T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1078207/000107820723000123/0001078207-23-000123-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1078207/000107820723000123/nls-20230921.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001078207-23-000123
- JSON: https://secwatch.observer/filing/0001078207-23-000123.json
- Plain text: https://secwatch.observer/filing/0001078207-23-000123.txt

## Key facts
- Listing & Compliance Notices
  BOWFLEX INC. received a nyse deficiency notice notice regarding minimum bid price (rules 802.01C).
  - Exchange: nyse
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 802.01C
  source text: September 21, 2023, Nautilus, Inc. (the “Company”) received notice (the “Notice”) from the New York Stock Exchange (the “NYSE”) that the Company was not in compliance with the continued listing standard set forth in Section 802.01C of the NYSE’s Listed Company Manual (“Section 802.01C”) because the average closing price of the Company’s Common Stock (the “Common Stock”) was less than $1.00 per share over a consecutive 30 trading-day period (the “minimum share price requirement”). The Notice has no immediate impact on the listing of the Common Stock on the NYSE, subject to the Company’s complia
  evidence_url: https://www.sec.gov/Archives/edgar/data/1078207/000107820723000123/0001078207-23-000123-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.