regulatory
confidence high
sentiment negative
materiality 0.60
F45 Training Holdings Inc.: Nasdaq/NYSE listing notice — F45 receives NYSE notice for share price below $1.00; six-month cure period
F45 Training Holdings Inc.
- NYSE notified F45 on May 16, 2023 that average closing price of FXLV was below $1.00 over 30 consecutive trading days.
- Company has six months from notice to regain compliance by having closing price >= $1.00 and 30-day average >= $1.00.
- F45 also previously disclosed non-compliance with NYSE listing standard due to failure to timely file FY2022 Form 10-K.
- Stock continues to trade on NYSE during cure period; business operations unaffected.