secwatch.observer — SEC 8-K summary
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Issuer:     BOWFLEX INC. (—)
CIK:        0001078207
Form:       8-K
Filed at:   2023-09-27T23:59:59+00:00
Accession:  0001078207-23-000123
Event type: regulatory
Sentiment:  negative
Materiality: 0.65
Item codes: 3.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1078207/000107820723000123/0001078207-23-000123-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1078207/000107820723000123/nls-20230921.htm
  HTML page:      https://secwatch.observer/filing/0001078207-23-000123

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