On the risk of delisting of ordinary shares of 3D Systems Corporation (DDD)
The International Trading System Limited (hereinafter – ITS) hereby informs on the delisting risk of ordinary shares of 3D Systems Corporation (ISIN US88554D2053, hereinafter – Shares, QI) from the New York Stock Exchange LLC (hereinafter - NYSE).
Information on delisting risk of ordinary shares by NYSE
On November 22, 2024 3D Systems Corporation (hereinafter – Company) submitted Current report Form 8-K to The United States Securities and Exchange Commission (hereinafter – SEC). According to the report, on November 19, 2024 the Company received a delinquency notification letter (hereinafter – Notice) from NYSE notifying that the Company was not in compliance with Section 802.01E of the NYSE Listed Company Manual as a result of its failure to timely file its Quarterly Report on Form 10-Q (hereinafter – Form 10-Q) for the fiscal quarter ended September 30, 2024 with the SEC.
The Notice provides that the Company has six months from November 18, 2024 to regain compliance with the NYSE listing standards by filing the Form 10-Q with the SEC. If the Company fails to file the Form 10-Q within the six-month period, the NYSE may grant an extension of up to six additional months for the Company 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 NYSE will be considered to constitute a breach of the ITS Regulations on admitting financial instruments to trading and result in termination of trading in the Qualified Investments on ITS.