|8-KFeb 5, 4:23 PM ET

Traeger, Inc. 8-K

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Traeger, Inc. Regains NYSE Compliance; Plans Possible Reverse Stock Split

What Happened

  • Traeger, Inc. filed an 8-K on February 5, 2026 reporting that the New York Stock Exchange (NYSE) notified the company on February 3, 2026 that it had regained compliance with Section 802.01C of the NYSE Listed Company Manual. The NYSE determination followed a closing price above $1.00 on January 30, 2026 and an average closing share price above $1.00 for the 30 trading-day period ending January 30, 2026.
  • The company had previously received an NYSE notice of noncompliance on November 19, 2025 because its average closing price was below $1.00 over a consecutive 30 trading-day period. Traeger also states it still plans to seek stockholder approval to implement a reverse stock split as described in a definitive proxy filed January 26, 2026.

Key Details

  • Nov 19, 2025: NYSE notified Traeger of noncompliance with Section 802.01C (average share price under $1.00).
  • Jan 30, 2026: Traeger’s common stock closed above $1.00.
  • Feb 3, 2026: NYSE notified Traeger it had regained compliance based on the 30 trading-day average ending Jan 30, 2026.
  • Jan 26, 2026: Traeger filed a definitive proxy seeking shareholder approval for a possible reverse stock split; the 8-K was signed Feb 5, 2026 by CFO Michael J. Hord.

Why It Matters

  • Regaining compliance removes the immediate risk of NYSE delisting tied to the sub-$1.00 share-price threshold, which can preserve liquidity and market access for shareholders.
  • However, the company’s plan to seek shareholder approval for a reverse stock split indicates management may still pursue a structural change to increase the per-share price and reduce share count if approved. The 8-K does not include financial results or details of the proposed split ratio; investors should review the January 26, 2026 proxy and future disclosures for specifics.