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From Home Furnishing Business
Natuzzi S.p.A. Submits Request for Review of NYSE Delisting
September 13,
2026 by Karen Parrish in Business Strategy, Industry 
As previously disclosed, on August 26, 2026, Natuzzi S.p.A. received written notice from the New York Stock Exchange that the NYSE staff had determined to commence proceedings to delist the Company’s American Depositary Shares as a result of the Company’s 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 request for review of the NYSE determination to a Committee of the Board of Directors of the NYSE, pursuant to Section 804.00 of the NYSE Listed Company Manual. The review will be scheduled for the first review day, which is at least 25 business days from the date the request for review is filed with the NYSE.
In addition, on September 9, 2026, the controlling shareholder of the Company, INVEST 2003 S.r.l., formally and irrevocably agreed to reclassify an additional €5,000,000 of shareholder loans previously granted to the Company as an advance payment on account of a future capital increase (versamento in conto futuro aumento di capitale). This amount is expected to be recorded as an equity reserve on the Company’s balance sheet as of September 30, 2026.