Traeger, Inc. Announces 1-for-50 Reverse Stock Split Effective March 2026

Key Points from Traeger, Inc.’s SEC Filing

• Reverse Stock Split Approved: Traeger, Inc. shareholders approved amendments to the Certificate of Incorporation to effect a reverse stock split of all outstanding shares of common stock at a ratio of 1-for-50.
• Implementation Date: The effective date for the reverse stock split is set for March 2026. Every 50 shares of Traeger’s issued and outstanding common stock will be automatically combined into one share.
• NYSE Compliance: The company’s move is a direct response to the receipt of a NYSE notice of non-compliance regarding minimum share price requirements. The reverse stock split is intended to help Traeger regain compliance and maintain its listing on the NYSE.
• Fractional Shares: No fractional shares will be issued as a result of the reverse stock split. Stockholders who would otherwise be entitled to receive a fractional share will instead receive a cash payment equal to the fraction of a share multiplied by the closing price per share (as adjusted) on March 17, 2026.
• Impact on Shareholders: After the reverse stock split, stockholders holding only fractional shares will have no further interest in the company except to receive the cash payment. These holders will lose voting, dividend, and other rights associated with their fractional shares.
• Equity Awards Adjusted: All outstanding equity awards (such as stock options and restricted stock units) will be proportionately adjusted to reflect the reverse stock split.
• Ownership Percentage: The split will affect all shareholders uniformly and will not alter any stockholder’s percentage ownership in Traeger, except for the adjustments regarding fractional shares.
• Shareholder Process: Shareholders who hold stock via a bank, broker, or other nominee will have their positions automatically adjusted; no further action is required, subject to the intermediary’s particular processes.
• Additional Information: Further details can be found in the company’s definitive proxy statement filed with the SEC on January 26, 2026.

Potentially Price-Sensitive Information

• NYSE Non-Compliance: Traeger’s receipt of a NYSE notice of non-compliance and its efforts to regain compliance are material events for shareholders, as loss of NYSE listing could significantly impact share liquidity and value.
• Reverse Split Ratio: The 1-for-50 ratio is unusually high, and may signal operational or financial challenges. Such splits often result in higher per-share prices but can reduce total share count and may impact market perception.
• Loss of Rights for Fractional Shareholders: Shareholders holding fewer than 50 shares will be cashed out and lose their status as stockholders, potentially affecting retail investor sentiment.
• Forward-Looking Statements: The company cautions investors about forward-looking statements regarding the effective date, split-adjusted trading, and NYSE compliance, noting risks, uncertainties, and potential changes in management or business strategy.

Forward-Looking Risks

Management warns that reactions from employees, vendors, customers, lenders, and investors to the NYSE notice and reverse split may affect share price and company stability. The outcome depends on Traeger’s ability to regain compliance, maintain its NYSE listing, and manage corporate and competitive risks. These factors, as well as potential management transitions, are discussed in detail in Traeger’s 2025 Annual Report.

Contact Information

For further investor information, contact Stephanie Read, Traeger, Inc. ([email protected]). Media inquiries may be directed to The Brand Amp ([email protected]).

Disclaimer

Disclaimer: This article is for informational purposes only and does not constitute investment advice. All forward-looking statements are subject to risks and uncertainties, including those detailed in Traeger, Inc.’s SEC filings. Investors should review official company documents and consult financial professionals before making any investment decisions. Traeger, Inc. disclaims any obligation to update forward-looking statements, even if subsequent events cause the company’s views to change.

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