Natuzzi S.p.A. (NYSE: NTZ) announced that the New York Stock Exchange accepted the company's plan to regain compliance with continued listing standards, according to a statement from the Italian furniture manufacturer.

The NYSE notified Natuzzi on May 20 of its acceptance of the compliance plan. The company had received a notice on January 6 stating it no longer met the exchange's continued listing standards related to market capitalization and shareholders' equity requirements under Section 802.01B of the NYSE Listed Company Manual.

Natuzzi submitted its compliance plan to the NYSE on April 6 and provided additional information on May 18. The plan outlines how the company intends to regain compliance within 18 months of the initial notice, establishing a deadline of July 6, 2027.

The company will be subject to periodic reviews by the NYSE to assess progress against the initiatives outlined in its plan. If Natuzzi fails to achieve compliance by the July 2027 deadline or does not demonstrate adequate progress during the plan period, the NYSE may initiate delisting proceedings.

Founded in 1959, Natuzzi produces and distributes design and luxury furniture through a global network of 564 monobrand stores and 487 galleries as of December 31, 2025. The company has been listed on the New York Stock Exchange since May 1993.

The information was disclosed in a company press release statement.