Financing ·
Natuzzi proposes EUR 17.5M capital increase for majority shareholder and up to EUR 80M rights issues
NTZNatuzzi S P A
The Board of Directors has called a shareholders' meeting for November 23, 2026, to approve a EUR 17.5 million reserved capital increase for controlling shareholder INVEST 2003 S.r.l., excluding pre-emptive rights. This transaction converts prior shareholder loan reclassifications into equity to support an appeal against NYSE delisting. The Board also seeks authority for two delegated rights issues: up to EUR 15 million for minority shareholders and up to EUR 65 million for all shareholders, both exercisable by December 31, 2029. These measures aim to strengthen the capital structure, regain compliance with NYSE market capitalization standards, and fund restructuring efforts under Italian out-of-court composition proceedings. Natuzzi S.p.A. is a designer and manufacturer of luxury furniture.