BFX
BowFlex Inc.BFX
BFX
Delisted
BFX was delisted on the 4th of March, 2024.
About: BowFlex Inc is a company who operates under the brand name for a series of fitness training equipment marketed and sold by Nautilus. The product's lineup consists of indoor cycling bikes, Max Trainers, Home Gyms, treadmills, adjustable dumbbells, and more.
Employees: 412
Financial journalist opinion
Neutral
Business Wire
9 months ago
New BowFlex and Horizon Fitness treadmills deliver ultimate fitness app connectivity
COTTAGE GROVE, Wis.--(BUSINESS WIRE)--BowFlex and Horizon Fitness are introducing two new treadmills this fall - the BowFlex T9 and fifth generation Horizon Fitness 7.0AT.
Neutral
GlobeNewsWire
9 months ago
Home Exercise Bike Market to Reach $3.2 Billion, Globally, by 2033 at 7.2% CAGR: Allied Market Research
"With the ongoing shift towards remote work and flexible lifestyles, home exercise bikes offer a versatile and accessible fitness option for individuals seeking to maintain an active lifestyle without the constraints of traditional gym settings. As the market continues to innovate and adapt to consumer needs, the home exercise bike segment is poised for sustained growth and expansion." "With the ongoing shift towards remote work and flexible lifestyles, home exercise bikes offer a versatile and accessible fitness option for individuals seeking to maintain an active lifestyle without the constraints of traditional gym settings. As the market continues to innovate and adapt to consumer needs, the home exercise bike segment is poised for sustained growth and expansion."
Neutral
Business Wire
1 year ago
Court Approves BowFlex Inc. Purchase Agreement by Johnson Health Tech
VANCOUVER, Wash.--(BUSINESS WIRE)--BowFlex Inc. (“BowFlex” or “the Company”) today announced that the U.S. Bankruptcy Court for the District of New Jersey (the “Court”) entered an order approving the sale of the Acquired Assets pursuant to the terms of the previously announced Stalking Horse Asset Purchase Agreement (“Purchase Agreement”) with Johnson Health Tech Retail, Inc. (“Johnson Health Tech” and such order, the “Sale Order”). Pursuant to the terms of the Purchase Agreement, Johnson Healt.
Neutral
Business Wire
1 year ago
BowFlex Inc. assigned BFXXQ symbol on OTC Market
VANCOUVER, Wash.--(BUSINESS WIRE)--BowFlex Inc. (“BowFlex” or “the Company”) announced that its Common Stock has been assigned the symbol “BFXXQ” with respect to quotations on the over-the-counter (OTC) market, following its delisting from the New York Stock Exchange. BowFlex previously announced the NYSE determination that the Company is no longer suitable for listing after the Company disclosed that the Company and certain of its subsidiaries have voluntarily initiated a Chapter 11 proceeding.
Negative
InvestorPlace
1 year ago
BFX Stock Alert: BowFlex Just Filed for Ch. 11 Bankruptcy
BowFlex (NYSE: BFX ) stock is a hot topic among traders on Wednesday after the home fitness and workout equipment company filed for Chapter 11 bankruptcy protection. According to the company's press release over the bankruptcy BowFlex already has a stalking horse bid agreement with Johnson Health Tech Retail to acquire all of its assets as part of the process.
Neutral
Business Wire
1 year ago
NYSE to Commence Delisting Proceedings Against BowFlex Inc. (BFX)
NEW YORK--(BUSINESS WIRE)--The New York Stock Exchange (“NYSE”, the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the common stock of BowFlex Inc. (the “Company”) — ticker symbol BFX — from the NYSE. Trading in the Company's common stock will be suspended immediately. NYSE Regulation reached its decision that the Company is no longer suitable for listing pursuant to Listed Company Manual Section 802.01D after the Company's March 5.
Negative
Investopedia
1 year ago
BowFlex Files for Bankruptcy, Prepares for Sale
Exercise machine maker BowFlex Inc. (BFX) has agreed to sell to a “stalking horse” bidder after the company filed for bankruptcy.
Negative
Market Watch
1 year ago
BowFlex files for Chapter 11 bankruptcy after post-pandemic sales slump
BowFlex Inc. said Tuesday it has filed for Chapter 11 bankruptcy with a New Jersey court, after the home-exercise equipment company saw sales slump in the post-pandemic world.
Neutral
Business Wire
1 year ago
BowFlex Inc. Files for Voluntary Chapter 11 Protection and Reaches Stalking Horse Agreement to Facilitate Sale
VANCOUVER, Wash.--(BUSINESS WIRE)--BowFlex Inc. (NYSE: BFX) (“BowFlex” or “the Company”) today announced that it has entered into a purchase agreement with Johnson Health Tech Retail, Inc. (the “Stalking Horse Bidder”) to serve as the stalking horse bidder to acquire substantially all of the assets of the Company for $37,500,000 in cash at the closing of the transaction, less closing adjustment amounts for accounts receivable, inventory and certain transfer taxes. In order to facilitate the sal.
Neutral
Business Wire
1 year 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.
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