Beleaguered WeWork may be pondering bankruptcy and licking its wounds as it tries to recover with the help of debt restructuring transactions, but the company began the month of September on a good note. WeWork completed its 1-for-40 reverse stock split, thereby rendering the company compliant with the Securities and Exchange Commission's requirement of maintaining a $1.00 per share minimum closing price. On Tuesday, September 5, the first trading day after the reverse stock split, WeWork's shares opened at $3.74, marking the first time since March 22, 2023, that the global flexible space provider's stock started the day at more than $1.00. It's a step in the right direction, but WeWork is hardly on terra firma, unlike its largest competitor, Switzerland-based Regus.