The Beachbody Company, Inc. Receives Notice from the NYSE
Beachbody Company (NYSE: BODI) has received a notice of non-compliance from the New York Stock Exchange due to falling below required listing standards. The company failed to maintain both an average market capitalization of $50.0 million over a 30-day trading period and stockholders' equity of $50.0 million.
According to NYSE Manual Section 802.01B requirements, BODI must submit a business plan within 45 days demonstrating how it will regain compliance within 18 months. The company's securities remain listed on the NYSE during this period, subject to meeting other listing requirements. BODI has confirmed its intention to submit a compliance plan as required.
Beachbody Company (NYSE: BODI) ha ricevuto una notifica di non conformità dalla Borsa di New York a causa del mancato rispetto degli standard di quotazione richiesti. L'azienda non è riuscita a mantenere sia una capitalizzazione di mercato media di 50,0 milioni di dollari su un periodo di trading di 30 giorni, sia un patrimonio netto degli azionisti di 50,0 milioni di dollari.
Secondo i requisiti della Sezione 802.01B del Manuale NYSE, BODI deve presentare un piano aziendale entro 45 giorni che dimostri come intende ripristinare la conformità entro 18 mesi. I titoli dell'azienda rimangono quotati sulla NYSE durante questo periodo, a condizione di soddisfare altri requisiti di quotazione. BODI ha confermato la propria intenzione di presentare un piano di conformità come richiesto.
Beachbody Company (NYSE: BODI) ha recibido un aviso de incumplimiento de la Bolsa de Nueva York debido a que ha caído por debajo de los estándares de listado requeridos. La empresa no logró mantener tanto una capitalización de mercado promedio de 50,0 millones de dólares durante un período de negociación de 30 días como un patrimonio neto de accionistas de 50,0 millones de dólares.
De acuerdo con los requisitos de la Sección 802.01B del Manual de la NYSE, BODI debe presentar un plan de negocios dentro de 45 días que demuestre cómo recuperará el cumplimiento en un plazo de 18 meses. Los valores de la empresa siguen cotizando en la NYSE durante este período, sujeto a cumplir con otros requisitos de listado. BODI ha confirmado su intención de presentar un plan de cumplimiento según lo requerido.
Beachbody Company (NYSE: BODI)는 뉴욕 증권 거래소로부터 요구되는 상장 기준을 충족하지 못했다는 비준수 통지를 받았습니다. 이 회사는 30일 거래 기간 동안 평균 시장 자본금 5천만 달러와 주주 자본금 5천만 달러를 유지하지 못했습니다.
NYSE 매뉴얼 섹션 802.01B의 요구 사항에 따르면, BODI는 45일 이내에 18개월 이내에 준수를 회복하는 방법을 보여주는 사업 계획서를 제출해야 합니다. 이 기간 동안 회사의 증권은 다른 상장 요건을 충족하는 조건으로 NYSE에 계속 상장됩니다. BODI는 요구 사항에 따라 준수 계획서를 제출할 의사를 확인했습니다.
Beachbody Company (NYSE: BODI) a reçu un avis de non-conformité de la Bourse de New York en raison d'un non-respect des normes de cotation requises. L'entreprise n'a pas réussi à maintenir une capitalisation boursière moyenne de 50,0 millions de dollars sur une période de négociation de 30 jours, ni un capital des actionnaires de 50,0 millions de dollars.
Selon les exigences de la section 802.01B du manuel de la NYSE, BODI doit soumettre un plan d'affaires dans les 45 jours démontrant comment elle compte retrouver la conformité dans un délai de 18 mois. Les titres de l'entreprise restent cotés à la NYSE pendant cette période, sous réserve de respecter d'autres exigences de cotation. BODI a confirmé son intention de soumettre un plan de conformité comme requis.
Beachbody Company (NYSE: BODI) hat eine Mitteilung über die Nichterfüllung von Anforderungen der New Yorker Börse erhalten, da die erforderlichen Listungsstandards nicht eingehalten wurden. Das Unternehmen konnte weder eine durchschnittliche Marktkapitalisierung von 50,0 Millionen Dollar über einen Zeitraum von 30 Tagen aufrechterhalten noch ein Eigenkapital der Aktionäre von 50,0 Millionen Dollar.
Gemäß den Anforderungen des NYSE-Handbuchs Abschnitt 802.01B muss BODI innerhalb von 45 Tagen einen Geschäftsplan vorlegen, der zeigt, wie die Einhaltung innerhalb von 18 Monaten wiederhergestellt werden kann. Die Wertpapiere des Unternehmens bleiben während dieses Zeitraums an der NYSE gelistet, vorausgesetzt, dass andere Listungsanforderungen erfüllt werden. BODI hat seine Absicht bestätigt, einen erforderlichen Compliance-Plan einzureichen.
- Company maintains NYSE listing during compliance period
- Management confirms intention to submit required compliance plan
- Failed to maintain required $50M average market capitalization over 30 trading days
- Stockholders' equity fell below NYSE minimum requirement of $50M
- Risk of potential NYSE delisting if compliance plan is not accepted or executed successfully
Pursuant to the NYSE Notice, the Company is subject to the procedures set forth in Sections 801 and 802 of the NYSE Manual and must submit a business plan within 45 days of receipt of the NYSE Notice that demonstrates how the Company expects to return to compliance with this continued listing standard within 18 months of receipt of the NYSE Notice.
The notice and procedures described above have no effect on the listing of the Company’s securities at this time, subject to the Company’s compliance with other continued listing requirements, and the Company intends to submit a plan to regain compliance as required by the rules of the NYSE and as set forth in the NYSE Notice.
About BODi and The Beachbody Company, Inc.
Originally known as Beachbody, BODi has been innovating structured step-by-step home fitness and nutrition programs for over 25 years such as P90X, Insanity, and 21-Day Fix, plus the first premium superfood nutrition supplement, Shakeology. Since its inception in 1999, BODi has helped over 30 million customers pursue extraordinary life-changing results. The BODi community represents millions of people helping each other stay accountable to goals of healthy weight loss, improved strength and energy, and resilient mental and physical well-being. For more information, please visit TheBeachbodyCompany.com.
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Investor Relations
IR@BODi.com
Source: BODi
FAQ
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