Traeger, Inc. received a notice from the New York Stock Exchange (NYSE) indicating that the average closing price per share of its common stock was below $1.00 over a consecutive 30-day period.
The Company remains on track with executing Project Gravity, a strategic transformation initiative to enhance operational efficiency and profitability.
As of September 30, 2025, Traeger had a strong liquidity position of $167 million.
Notice from NYSE
Traeger received a notice from NYSE due to the average closing price per share falling below $1.00 over 30 days.
Project Gravity
Strategic initiative by Traeger to enhance operational efficiency and profitability, aiming for $50 million in annual run-rate savings.
Liquidity Position
As of September 30, 2025, Traeger maintained a strong liquidity position of $167 million.
- Traeger has six months to regain compliance with the minimum share price requirement set by NYSE, with options including a reverse stock split.
- The Company's ongoing business operations and reporting obligations remain unaffected by the NYSE notice.
Traeger is focused on addressing the NYSE notice through strategic initiatives like Project Gravity and maintaining its strong liquidity position. The Company's operations and reporting obligations continue as usual despite the notice.