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0.0660377358490567 0.0660377358490567 0.0849056603773586 0.0943396226415093 0.0188679245283019 0.0377358490566038 0.0234905660377358 0.070754716981132
Stock impact report

Natuzzi Regains Compliance With NYSE Continued Listing Standard for Average Closing Price

Natuzzi, S.p.A. (NTZ) 
US:NYSE Investor Relations: natuzzigroup.com/en-en/ir/investors.html
Company Research Source: Business Wire
SANTERAMO IN COLLE, Bari, Italy--(BUSINESS WIRE)--Natuzzi S.p.A. (NYSE: NTZ) (“Natuzzi” or the “Company”) announced today that it has regained compliance with the minimum average closing price criterion required by the New York Stock Exchange (the “NYSE”) for continued listing of the Company’s American Depositary Receipts (“ADRs”).As disclosed on April 25, 2020, the NYSE notified the Company on April 7, 2020 that the Company was not in compliance with the NYSE continued listing standard requiring a listed security to maintain a minimum average closing price of US$1.00 per security over a consecutive 30-trading day period (the “Dollar Price Standard”).On July 1st, 2020, the Company received confirmation from the NYSE that it has regained compliance with the Dollar Price Standard as the average closing price of its ADRs for the consecutive 30-trading day period ended June 30, 2020 exceeded US$1.00.If, in the future, the Company again falls below the continued listing criterion of a Show less Read more
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