Natuzzi S.p.A. (NYSE:NTZ, Financial) (“Natuzzi” or the “Company”) announced today that on April 7, 2020 it received notice from the New York Stock Exchange, Inc. (the “NYSE“) that the Company is no longer in compliance with one of the NYSE’s continued listing standards for a listed company because the average closing price of the Company’s American Depositary Receipts (“ADRs”) was less than US$1.00 over a consecutive 30-trading day-period (the “Dollar Price Standard”).
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