The company resolved issues related to the minimum $1.00 bid price and public float, meeting standards for at least 500,000 publicly held shares.
CEO Trent Ward expressed confidence in the company’s standing, noting recent compliance letters address both bid price and stockholder equity concerns.
As of November 14, the company reported 625,067 publicly held shares in its third-quarter filing. Ward also emphasized the company’s focus on a stable and successful future on Nasdaq.
Read Also: Tesla’s 2nd Best Week in China In 2024 Boosts Q4 Prospects
How To Buy TRNR Stock
By now you're likely curious about how to participate in the market for Interactive Strength – be it to purchase shares, or even attempt to bet against the company.
In the the case of Interactive Strength, which is trading at $3.32 as of publishing time, $100 would buy you 30.12 shares of stock.
According to data from Benzinga Pro, TRNR has a 52-week high of $4,760.00 and a 52-week low of $2.50.
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