Open report — full analysis, no account required.
Sign up to generate reports and read filings that aren't on the open list.
Get notified when COOK files again. Create a free account and we'll email you the moment its next filing is analyzed.
Get filing alertsRed Flags Detected
- Delisting (new) — Company received NYSE non-compliance notice and is working to regain minimum share price compliance to avoid delisting.
Traeger executes 1-for-50 reverse stock split to regain NYSE compliance after delisting warning
Filed March 17, 2026 · Period ending March 17, 2026 · ~1 min read
Key Changes
-
high
Company received NYSE non-compliance notice for failing to meet minimum share price requirements and is working within a cure period to avoid delisting from the exchange.
Item 5.03 verify on EDGAR → -
high
Implemented 1-for-50 reverse stock split effective March 17, 2026, consolidating every 50 shares into 1 share to boost per-share price and address NYSE listing deficiency.
Item 5.03 verify on EDGAR → -
medium
Shareholders holding fewer than 50 shares or amounts not evenly divisible by 50 will receive cash payments for fractional shares instead of partial stock ownership.
Item 5.03 verify on EDGAR → -
low
Stock began trading on split-adjusted basis March 18, 2026 under unchanged ticker COOK with new CUSIP number 89269P202.
Item 5.03 verify on EDGAR →
Summary
Traeger disclosed it received a non-compliance notice from the New York Stock Exchange for failing to maintain minimum share price requirements, prompting the company to execute an aggressive 1-for-50 reverse stock split. This means every 50 shares shareholders owned were automatically consolidated into 1 share, proportionally increasing the per-share price while reducing total shares outstanding.
The split became effective March 17, 2026, and the stock began trading on an adjusted basis the following day. For retail investors, this is a significant warning sign about the company's stock performance and financial health.
Reverse splits are typically last-resort measures to avoid delisting, and they don't change the underlying value of your investment—if you owned $1,000 worth of stock before, you still own $1,000 after, just with fewer shares at a higher price. Investors with fewer than 50 shares were cashed out entirely. The key question now is whether Traeger can maintain the higher share price and address the operational issues that led to the stock decline in the first place. Watch for the company's next quarterly earnings report and any updates on whether it successfully regained NYSE compliance within the cure period.
Section-by-Section Diff
Event · Item 5.03 — Amendments to Articles of Incorporation or Bylaws
Item 5.03 — Amendments to Articles of Incorporation or Bylaws filed; see Key Changes for terms.
Added in current filing · verify on EDGAR →
On March 17, 2026, Traeger, Inc. Inc. (the “Company”) filed a Certificate of Amendment to its Amended and Restated Certificate of Incorporation (the “Charter Amendment”) with the Secretary of State of the State of Delaware to effect a 1-for-50 reverse stock split (the “Reverse Stock Split”) of the Company’s common stock, par value $0.001 per share (the “Common Stock”), effective March 17, 2026 at 5:00 p.m., Eastern Time (the “Effective Time”).
Traeger implemented a 1-for-50 reverse stock split, meaning every 50 shares of common stock were automatically converted into 1 share. The split became effective March 17, 2026 at 5:00 p.m. ET, and the stock began trading on a split-adjusted basis on March 18, 2026. This consolidation reduces the number of outstanding shares while proportionally increasing the per-share price.
Added in current filing · verify on EDGAR →
No fractional shares of Common Stock will be issued as a result of the Reverse Stock Split. Holders who otherwise would be entitled to receive a fractional share of Common Stock in connection with the Reverse Stock Split will receive a cash payment in lieu thereof.
Shareholders who would have received fractional shares after the reverse split will instead receive cash payments. This means if an investor held fewer than 50 shares, or a number not evenly divisible by 50, they received cash for the fractional portion rather than partial shares.
Added in current filing · verify on EDGAR →
reactions from our employees, vendors, customers, lenders and investors to the Company’s receipt of the NYSE notice of non-compliance, the Company’s ability to regain compliance with the minimum share price requirement within the applicable cure period; the Company’s ability to comply with other NYSE listing standards and maintain the listing of its common stock on the NYSE
The forward-looking statements section reveals that Traeger received a NYSE notice of non-compliance related to minimum share price requirements. The reverse stock split appears designed to help the company regain compliance with NYSE listing standards and avoid potential delisting. The company is working within an applicable cure period to address this issue.
Show 1 minor / wording change
Added in current filing · verify on EDGAR →
The new CUSIP number for the Common Stock following the Reverse Stock Split is 89269P202.
Following the reverse stock split, the common stock received a new CUSIP identifier (89269P202) for tracking and settlement purposes, though the NYSE ticker symbol "COOK" remained unchanged.
Event · Item 9.01 — Financial Statements and Exhibits
Traeger filed a certificate of amendment to its certificate of incorporation on March 17, 2026.
Added in current filing · verify on EDGAR →
Certificate of Amendment to the Amended and Restated Certificate of Incorporation of Traeger, Inc., dated March 17, 2026.
Traeger filed an amendment to its certificate of incorporation.Investors should review the attached exhibit to understand what corporate governance or structural changes were made.
Thanks — your feedback helps us improve report quality.
Figures/quotes linked to EDGAR · Narrative written by AI · Jun 11, 2026 · How we verify