Markforged Holding Corporation

09/27/2024 | Press release | Distributed by Public on 09/27/2024 14:10

Failure to Satisfy Listing Rule Form 8 K

Item 3.01

Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

On September 26, 2024, the New York Stock Exchange (the "NYSE") notified Markforged Holding Corporation (the "Company") that the NYSE had determined to (a) commence proceedings to delist the Company's public warrants (the "Warrants"), such Warrants being exercisable for one share of the Company's common stock, par value $0.0001 per share (the "Common Stock"), at an exercise price of $115.00 per share, and listed to trade on the NYSE under the symbol "MKFG.WS" and (b) immediately suspend trading in the Warrants due to "abnormally low" trading price levels pursuant to Section 802.01D of the NYSE Listed Company Manual. On September 26, 2024, the NYSE issued a press release regarding such matter. The Company does not intend to appeal the NYSE's determination.

Trading in the Company's Common Stock will be unaffected and the Common Stock will continue to trade on the NYSE under the symbol "MKFG".