On the risk of delisting of ordinary shares of Autodesk, Inc. (ADSK)

The International Trading System Limited (hereinafter – ITS) hereby informs on the delisting risk of ordinary shares of Autodesk, Inc. (ISIN US0527691069, hereinafter – Shares, QI) from The Nasdaq Stock Market LLC (hereinafter - Nasdaq).

Information on delisting risk of ordinary shares by Nasdaq 

On April 25, 2024 Autodesk, Inc. (hereinafter – Company) submitted Current report Form 8-K to The United States Securities and Exchange Commission (hereinafter – SEC). According to the report, on April 19, the Company received a delinquency notification letter (hereinafter – Notice) from the Listing Qualifications Department of Nasdaq notifying the Company that due to the delay in filing the Company’s Annual Report on Form 10-K for the year ended December 31, 2023 (hereinafter – Form 10-K), the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) (hereinafter – Rule), which requires listed companies to timely file all periodic financial reports with the SEC.

The Notice provides that the Company has 60 calendar days from the date of the Notice to submit to Nasdaq a plan to regain compliance with the Rule. If Nasdaq accepts the plan, Nasdaq may grant the Company an exception of up to 180 calendar days from the due date of the Form 10-K, or October 14, 2024, to regain compliance. For more information, please refer to the report available on the SEC website.

Information regarding possible actions to be taken by ITS Ltd.

ITS conducts regular monitoring of the relevant information disclosed by the Company. Delisting of the Company’s securities (hereinafter – Qualified Investments) by Nasdaq will be considered to costitute a breach of the ITS Regulations on admitting financial instruments to trading and result in termination of trading in the Qualified Investments on ITS. In case Nasdaq decides to suspend trading in the Company's securities until the date of their delisting on Nasdaq, ITS may make a similar decision.