regulatory
confidence high
sentiment negative
materiality 0.65
Beachbody Company, Inc. (BODI): Nasdaq/NYSE listing notice — Beachbody receives NYSE non-compliance notice for share price below $1.00
Beachbody Company, Inc.
- Received NYSE deficiency letter Nov 23, 2022; average closing price below $1.00 over 30 trading days.
- Has six months to regain compliance; stock continues trading on NYSE during cure period.
- Intends to consider available alternatives including reverse stock split requiring shareholder approval.
- Must notify NYSE of intent to cure within 10 business days.
- No immediate impact on listing, business operations, or SEC reporting obligations.