On the risk of delisting of Class A ordinary shares of The Beachbody Company, Inc. (BODI)

The International Trading System Limited ( ITS) hereby informs on the delisting risk of Class A ordinary shares of The Beachbody Company, Inc. (ISIN US0734633094, BODI) from New York Stock Exchange LLC (hereinafter - NYSE).  

Information on delisting risk of ordinary shares by NYSE

On April 11, 2025 The Beachbody Company, Inc. (the Company) submitted Current report Form 8-K to The United States Securities and Exchange Commission (SEC). According to the report, on April 10, 2025, the Company received a written notice from NYSE (the Notice) notifying the Company that it was not in compliance with the NYSE continued listing standards set forth in Section 802.01B which requires that the Company have an average market capitalization of not less than $50 million over a consecutive 30 trading-day period and stockholders’ equity of not less than $50 million.

The Notice has no immediate impact on the listing of the Company’s common stock. The Company has 45 days from receipt of the Notice to submit a plan that demonstrates how the Company expects to regain compliance with this continued listing standard within 18 months of receipt of the Notice.

Information regarding possible actions to be taken by ITS

If NYSE suspends trading in the Company’s ordinary shares, ITS will prohibit submission of orders and will restrict ability to conclude agreements in respect of the Company’s ordinary shares. If the Company’s ordinary shares are delisted from NYSE, ITS will terminate trading in the Company’s ordinary shares. However, in case the Company’s ordinary shares become listed, or admitted to trading on another Recognised Trading Venue, ITS will consider but does not guarantee continuation of trading in the Company’s ordinary shares.

07.04.2025
On the risk of delisting of Class A ordinary shares of The Beachbody Company, Inc. (BODI)