Home Industry 3D printer manufacturer Markforged threatened with delisting

3D printer manufacturer Markforged threatened with delisting

Just one and a half years after going public, the US company Markforged is threatened with expulsion from the New York Stock Exchange (NYSE). The reason is that the share price is too low, at less than one dollar. This is already the second warning from the exchange.

According to NYSE regulations, the share price must average over 1 dollar over a period of 30 days. Markforged now has six months to meet the requirement and avert delisting.

According to the company, a share split is being discussed as an option. This involves increasing the number of shares in order to sustainably raise the share price above the required level. However, a decision has not yet been made, according to Markforged.

Industry experts see the 3D printer manufacturer as another example of how the difficult market environment is weighing heavily on growth-oriented tech companies in particular. For Markforged, it is now a matter of regaining the trust of investors.

Subscribe to our Newsletter

3DPResso is a weekly newsletter that links to the most exciting global stories from the 3D printing and additive manufacturing industry.

Privacy Policy*

You can find the privacy policy for the newsletter here. You can unsubscribe from the newsletter at any time. For further questions, you can contact us here.