Neutral
Business Wire
2 years ago
BowFlex Inc. Announces Receipt of Continued Listing Standard Notice from NYSE
VANCOUVER, Wash.--(BUSINESS WIRE)--BowFlex Inc. (NYSE: BFX) received written notice on November 27, 2023, from the New York Stock Exchange (NYSE) that the Company is not in compliance with the NYSE continued listing standards, which require it to maintain an average global market capitalization of at least $50.0 million over a consecutive 30-day trading period and, at the same time, a total stockholders' equity equal to or greater than $50.0 million. The Company plans to notify the NYSE by Dece.