Markforged Receives Continued Listing Standards Notice from the NYSE
21 11월 2023 - 6:30AM
Business Wire
Markforged Holding Corporation (NYSE: MKFG) (“Markforged” or
“the Company”), the company strengthening manufacturing resiliency
by enabling industrial production at the point of need, was
notified on November 17, 2023 by the New York Stock Exchange
(“NYSE”) that the Company is not in compliance with Rule 802.01C of
the NYSE’s Listed Company Manual (“Rule 802.01C”) relating to the
minimum average closing price of the Company’s common stock
required over a consecutive 30 trading-day period. The notice does
not result in the immediate delisting of the Company’s common stock
from the NYSE.
The Company intends to notify the NYSE within 10 business days
of its intent to regain compliance with Rule 802.01C. The Company
can regain compliance at any time within the six-month cure period
if, on the last trading day of any calendar month during the cure
period, the common stock has a closing share price of at least
$1.00 and an average closing share price of at least $1.00 over the
30 trading-day period ending on the last trading day of that month.
The Company fully intends to remain listed on the NYSE, and will
consider the best available alternatives, including, but not
limited to, a reverse stock split, subject to stockholder approval,
if necessary to regain compliance.
The Company’s common stock will continue to be listed on the
NYSE during the six-month cure period, subject to the Company’s
compliance with other NYSE continued listing requirements.
About Markforged
Markforged (NYSE:MKFG) is enabling more resilient and flexible
supply chains by bringing industrial 3D printing right to the
factory floor. Our additive manufacturing platform The Digital
Forge allows manufacturers to create strong, accurate parts in both
metal and advanced composites. With over 10,000 customers in 70+
countries, we’re bringing on-demand industrial production to the
point of need. We are headquartered in Waltham, Mass, where we
design the hardware, software and advanced materials that makes The
Digital Forge reliable and easy to use. To learn more, visit
www.markforged.com.
Special Note Regarding Forward-Looking Statements
This press release contains forward-looking statements that are
based on beliefs and assumptions and on information currently
available. In some cases, you can identify forward-looking
statements by the following words: “may,” “will,” “could,” “would,”
“should,” “expect,” “intend,” “plan,” “strategy,” “anticipate,”
“believe,” “estimate,” “predict,” “project,” “potential,”
“continue,” “ongoing,” “opportunity” or the negative of these terms
or other comparable terminology, although not all forward-looking
statements contain these words. These statements involve risks,
uncertainties and other factors that may cause actual results,
levels of activity, performance or achievements to be materially
different from the information expressed or implied by these
forward-looking statements. Although Markforged believes that it
has a reasonable basis for each forward-looking statement contained
in this press release, Markforged cautions you that these
statements are based on a combination of facts and factors
currently known by it and its projections of the future, about
which it cannot be certain. Forward-looking statements in this
press release include, but are not limited to, statements regarding
the Company’s ability to regain compliance with Rule 802.01C within
the applicable cure periods and the Company’s ability to comply
with applicable listing standards of the NYSE. Markforged cannot
assure you that the forward-looking statements in this press
release will prove to be accurate. These forward looking statements
are subject to a number of risks and uncertainties, including,
among others, general economic, political and business conditions;
the ability of Markforged to maintain its listing on the New York
Stock Exchange; the Company’s ability to continue to comply with
applicable listing standards of the NYSE; the effect of COVID-19 on
Markforged’s business and financial results; the outcome of any
legal proceedings against Markforged; and those factors discussed
under the header “Risk Factors” in Markforged’s most recent
periodic and other filings with the SEC. Furthermore, if the
forward-looking statements prove to be inaccurate, the inaccuracy
may be material. In light of the significant uncertainties in these
forward-looking statements, you should not regard these statements
as a representation or warranty by us or any other person that
Markforged will achieve its objectives and plans in any specified
time frame, or at all. The forward-looking statements in this press
release represent Markforged’s views as of the date of this press
release. Markforged anticipates that subsequent events and
developments will cause its views to change. However, while
Markforged may elect to update these forward-looking statements at
some point in the future, Markforged has no current intention of
doing so except to the extent required by applicable law. You
should, therefore, not rely on these forward-looking statements as
representing Markforged’s views as of any date subsequent to the
date of this press release.
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version on businesswire.com: https://www.businesswire.com/news/home/20231120546472/en/
Investors Austin Bohlig, Director of Investor Relations
investors@markforged.com
Media Sam Manning, Principal Public Relations Manager
press@markforged.com
Markforged (NYSE:MKFG)
과거 데이터 주식 차트
부터 4월(4) 2024 으로 5월(5) 2024
Markforged (NYSE:MKFG)
과거 데이터 주식 차트
부터 5월(5) 2023 으로 5월(5) 2024