Funding
Natuzzi Shareholders to Vote on €17.5 million Reserved Capital Increase for INVEST 2003
By News Desk ·
Key takeaways
- Natuzzi will hold a shareholder vote on November 23, 2026 for a €17.5 million reserved capital increase to INVEST 2003 at an issue price of €0.3563 per share.
- Approval would raise INVEST 2003's stake to 76.9% and enable a delegated rights issue of up to €65 million and a minority rights issue of up to €15 million.
- The NYSE accepted Natuzzi's compliance plan in May 2026, giving the company until July 6, 2027 to meet market capitalization and shareholders' equity thresholds.
Natuzzi S.p.A. will ask shareholders on November 23, 2026 to approve a €17.5 million reserved capital increase for INVEST 2003 and delegated rights issues, TradingView reported. The increase would lift INVEST 2003's stake to 76.9% if passed.
How the Natuzzi Capital Increase Works
The reserved increase converts shareholder loans into equity, according to the report. New shares would be issued at €0.3563 each.
Approval would also give the company delegated authority for a rights issue of up to €65 million and a minority rights issue of up to €15 million. The minority issue is designed to let minority holders restore their stakes, subject to an INVEST 2003 waiver.
Shareholders will also consider eliminating the shares' nominal value, a step the report says enables flexible pricing for current and future issuances. The measures are tied to Natuzzi's appeal of its NYSE delisting.
Natuzzi's NYSE Compliance Timeline
According to akta.pro company records, the NYSE accepted Natuzzi's plan to regain compliance with continued listing standards in May 2026, giving the company until July 6, 2027 to meet market capitalization and shareholders' equity thresholds, following a January 2026 non-compliance notice. The same records show Natuzzi has been listed on the NYSE since 1993 under the ticker NTZ.
At a February 2026 restructuring meeting, shareholders postponed a decision on reducing share capital under Article 2446 of the Italian Civil Code following losses recorded through Q3 2025.
Delisting Notice and CEO Search
On August 26, 2026, the NYSE suspended trading in and began delisting Natuzzi's American Depositary Shares, Stock Titan reported. In August 2026, Natuzzi signed a commitment letter with a candidate for the chief executive officer role, saying the candidate's international experience would support its restructuring and long-term strategic development, Stock Titan reported. Natuzzi later entered a definitive agreement with an unnamed candidate for the CEO position, pending shareholder approval at a meeting scheduled for September 2026, Investing.com reported.
Natuzzi's November 23 Shareholder Vote
Natuzzi will disclose its unaudited Q2 2026 financial information on October 21, 2026, and host a conference call on October 22, 2026 at 10:00 a.m. Eastern time, Stock Titan reported. The shareholder vote on the capital increase is set for November 23, 2026.