Natuzzi requests NYSE delisting review, shifts €5m

Natuzzi seeks NYSE review of a delisting determination while its controlling shareholder converts €5 million of loans into equity support.

Rhea-AI Filing Summary

Natuzzi S.p.A. (NTZ) reports that it has requested a review of the New York Stock Exchange staff’s determination to commence delisting proceedings for its American Depositary Shares, which followed non-compliance with the NYSE continued listing standard requiring an average global market capitalization of at least US$15 million over 30 trading days.

On September 9, 2026, controlling shareholder INVEST 2003 S. agreed to reclassify an additional €5,000,000 of existing shareholder loans as an advance payment on a future capital increase, which is expected to be recorded as an equity reserve as of September 30, 2026.

Positive

• €5,000,000 of shareholder loans will be reclassified as an advance payment on a future capital increase and recorded as an equity reserve, indicating continued financial support from the controlling shareholder INVEST 2003 S.

Negative

• The NYSE staff has commenced proceedings to delist Natuzzi’s ADSs for failing to meet the continued listing standard that requires an average global market capitalization of at least US$15 million over 30 trading days.

Filing Explained

Natuzzi’s delisting process is now in review rather than completed: the company filed its request with the NYSE on September 10, and the first review day will be scheduled at least 25 business days later. The ADS listing therefore remains subject to that review.

Key Figures

NYSE continued listing market cap standard: US$15 million average global market capitalization Shareholder loans reclassified: €5,000,000 Equity reserve recognition date: September 30, 2026 +3 more

6 metrics

NYSE continued listing market cap standard US$15 million average global market capitalization Required over a consecutive 30 trading-day period under Section 802.01B

Shareholder loans reclassified €5,000,000 Additional loans from INVEST 2003 S. reclassified as advance on future capital increase

Equity reserve recognition date September 30, 2026 Expected date the €5,000,000 reclassification will be recorded as an equity reserve

Review scheduling minimum period At least 25 business days Earliest timing from September 10, 2026, for NYSE review following request

Average period for market cap test 30 trading days Period over which global market capitalization is measured for NYSE standard 802.01B

Monobrand stores 552 stores Global retail network as of March 31, 2026

Key Terms

continued listing standard, average global market capitalization, American Depositary Shares, advance payment on account of a future capital increase, +1 more

5 terms

continued listing standard regulatory

"failure to comply with the continued listing standard set forth in Section 802.01B"

Continued listing standards are the ongoing rules a stock exchange or trading venue requires a company to meet to keep its shares listed, such as minimum share price, market value, shareholder equity, and timely financial reporting. For investors, these standards matter because failure to meet them can trigger warnings or removal from the exchange, which can reduce a stock’s visibility, trading liquidity, and value—similar to how failing building inspections can limit a business’s ability to operate publicly.

average global market capitalization financial

"maintain an average global market capitalization over a consecutive 30 trading-day period"

The average global market capitalization is the mean size of publicly traded companies when you add up each company’s market value (share price times shares outstanding) across countries and divide by the number of companies measured. Think of it like the average weight of fruit in a worldwide basket: it gives investors a quick sense of whether the market is dominated by a few very large companies or by many smaller ones, which affects portfolio risk, diversification and how sensitive markets may be to moves by big firms.

American Depositary Shares financial

"to commence proceedings to delist the Company’s American Depositary Shares"

American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.

advance payment on account of a future capital increase financial

"agreed to reclassify an additional €5,000,000 of shareholder loans ... as an advance payment"

equity reserve financial

"This amount is expected to be recorded as an equity reserve on the Company’s balance sheet"

A portion of a company’s shareholders’ equity that is set aside for a specific purpose and not available for ordinary dividend payments. Equity reserves arise from transactions or accounting rules—examples include share premium from issuing stock above par, revaluation gains, legal or statutory reserves, and stock‑based compensation reserves—and act like a labeled bucket within owners’ equity that affects how much profit can be distributed and how ownership or book values are reported.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Why is Natuzzi S.p.A. (NTZ) facing a potential NYSE delisting?

Natuzzi is facing a potential NYSE delisting because NYSE staff determined the company failed to meet the continued listing standard requiring an average global market capitalization of at least US$15 million over a consecutive 30 trading-day period.

What action has Natuzzi S.p.A. (NTZ) taken regarding the NYSE delisting decision?

On September 10, 2026, Natuzzi submitted a request for review of the NYSE staff’s delisting determination to a Committee of the NYSE Board of Directors, under Section 804.00 of the NYSE Listed Company Manual.

When will Natuzzi’s review of the NYSE delisting determination be held?

The review will be scheduled for the first review day at least 25 business days from September 10, 2026, the date Natuzzi filed its request for review with the NYSE.

How is Natuzzi’s controlling shareholder supporting the company financially?

On September 9, 2026, controlling shareholder INVEST 2003 S. agreed to reclassify an additional €5,000,000 of shareholder loans as an advance payment on account of a future capital increase, to be recorded as an equity reserve.

When will the €5 million shareholder loan reclassification impact Natuzzi’s balance sheet?

The additional €5,000,000 reclassified from shareholder loans by INVEST 2003 S. is expected to be recorded as an equity reserve on Natuzzi’s balance sheet as of September 30, 2026.

How extensive is Natuzzi S.p.A.’s retail network as of March 31, 2026?

As of March 31, 2026, Natuzzi distributed its collections worldwide through a global retail network of 552 monobrand stores, in addition to Natuzzi galleries and curated placements in larger multi-brand environments.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/11/2026 - 02:12 PM Accepted by SEC EDGAR 09/11/2026 - 02:11 PM Learn about SEC filing dates

United States

Securities and Exchange Commission
Washington, D.C. 20549

Form 6-K

Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
under the
Securities Exchange Act of 1934

For the month of SEPTEMBER 2026	Commission File Number 001-11854
NATUZZI S.p.A.
(Translation of registrant’s name into English)
Via Iazzitiello 47 70029 Santeramo in Colle, Italy
(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F ⊠ Form 40-F □

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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

Santeramo in Colle, Bari, Italy – September 11, 2026 – 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 Company’s American Depositary Shares (“ADSs”) 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.

____________________________________________________________________________________

About Natuzzi S.p.A.

Founded in 1959 by Pasquale Natuzzi, Natuzzi S.p.A. is one of the most renowned brands in the production and distribution of design and luxury furniture. As of March 31, 2026, Natuzzi distributes its collections worldwide through a global retail network of 552 monobrand stores, in addition to Natuzzi galleries and curated placements within larger, multi-brand environments. Natuzzi products embed the finest spirit of Italian design and the unique craftsmanship details of the “Made in Italy”, where a predominant part of its production takes place. Natuzzi has been listed on the New York Stock Exchange since May 13, 1993. Committed to social responsibility and environmental sustainability, Natuzzi S.p.A. is ISO 9001 and 14001 certified (Quality and Environment), ISO 45001 certified (Safety on the Workplace) and FSC® Chain of Custody, CoC (FSC-C131540).

Contacts:

Natuzzi Investor Relations

2

Piero Direnzo | pdirenzo@natuzzi.com

Natuzzi Corporate Communication

Giancarlo Renna (Communication Manager) | tel. +39.342.3412261 | grenna@natuzzi.com

Barbara Colapinto | tel. +39.331.6654275 | bcolapinto@natuzzi.com

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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

		NATUZZI S.p.A.
		(Registrant)
Date:	September 11, 2026	By:	/s/ Pasquale Natuzzi
			Pasquale Natuzzi

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