Natuzzi appeals NYSE delisting, converts €5M in loans to equity

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Go back to Natuzzi appeals NYSE delisting, converts €5M in loans to equity

Natuzzi Announces the Filing of a Request for Review of the NYSE Delisting Determination and the Conversion of an Additional €5 Million of Shareholder Loans Into Equity

September 11, 2026 2:13 PM EDT

SANTERAMO IN COLLE, Bari, Italy--(BUSINESS WIRE)-- As previously disclosed, on August 26, 2026, Natuzzi S.p.A. (the Company) received written notice from the New York Stock Exchange (the NYSE) that the NYSE staff had determined to commence proceedings to delist the Companys American Depositary Shares (ADSs) as a result of the Companys failure to comply with the continued listing standard set forth in Section 802.01B of the NYSE Listed Company Manual, which requires the Company to maintain an average global market capitalization over a consecutive 30 trading-day period of at least US$15 million.

On September 10, 2026, the Company submitted a... More