 Town Sports International Holdings, Inc. TSI or the Company NASDAQ:CLUB received a notice on July 7, 2020 from the Listing Qualifications Department of Nasdaq indicating that as a result of the Companys failure to timely file its Quarterly Report on Form 10-Q for the period ended March 31, 2020 the Report, the Company no longer complies with the continued listing requirements as set forth in Nasdaq Listing Rule 5250c1. The notice has no immediate impact on the listing of the Companys common stock, which will continue to trade on the Nasdaq Global Market, subject to the Companys compliance with other applicable continued listing requirements. 