Interactive Strength (TRNR) Regains Nasdaq Compliance

Interactive Strength Inc. (NASDAQ: TRNR) today announced that the Company received a letter on July 8, 2024 from the Staff at Nasdaq Listings Qualifications stating that the Company has regained compliance with Listing Rule 5550(a)(2), which specifies rules regarding a minimum bid price of $1.00.

Trent Ward, Co-Founder and CEO of TRNR, said: "We are proud that we have regained compliance with this Listing Rule, and look forward to maintaining our status on Nasdaq in the future. The Nasdaq Staff is professional, and ensures that the Listing Rules are applied consistently, in order to protect the integrity of the exchange. This is a key reason why Nasdaq is the first choice for high-growth businesses such as Interactive Strength."

The Nasdaq Staff has determined that for the 14 consecutive business days, from June 14, 2024 to July 5, 2024, the closing bid price of the Company's common stock has been at $1.00 per share or greater and they have stated that this matter is now closed.

You May Also Be Interested In

• Chevron signed an agreement with Iraq's Basra Oil Company to advance commercial negotiations for West Qurna 2
• DBV Technologies refreshes ATM program with $150M ADS offering
• Q32 Bio (QTTB) files for 6.875M share offering by selling stockholders