Natuzzi (NYSE: NTZ) wins NYSE acceptance of plan to regain listing compliance
Natuzzi S.p.A. announced that the New York Stock Exchange has accepted its plan to regain compliance with NYSE continued listing standards. The company had fallen below market capitalization and shareholders' equity thresholds and now has 18 months, until July 6, 2027, to restore compliance. While the acceptance avoids immediate delisting, the company still faces potential delisting if it fails to meet the standards or make consistent progress.