Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Tranfer of Listing. OnMarch 29, 2023 ,Fathom Digital Manufacturing Corporation (the "Company") was notified by theNew York Stock Exchange (the "NYSE") that the average closing price of the Company's Class A common stock, par value$0.0001 per share (the "Common Stock"), over the prior 30 consecutive trading day period was below$1.00 per share, which is the minimum average closing price per share required to maintain listing on the NYSE under Section 802.01C of theNYSE Listed Company Manual ("Section 802.01C"). Under Section 802.01C, the Company has a period of six months following the receipt of the notice to regain compliance with the minimum share price requirement, or until the Company's next annual meeting of stockholders if stockholder approval is required to cure the share price non-compliance, as would be the case to effectuate a reverse stock split. The Company can regain compliance at any time during the six-month cure period if on the last trading day of any calendar month during the cure period, the Common Stock has (i) a closing price of at least$1.00 per share and (ii) an average closing price of at least$1.00 per share over the 30-trading day period ending on the last trading day of such month. As required by the NYSE, the Company intends to timely respond to the NYSE with respect to its intent to cure the deficiency to regain compliance with the price criteria. The notice has no immediate impact on the listing of the Common Stock, which will continue to be listed and traded on the NYSE during this period, subject to the Company's compliance with the other continued listing requirements of the NYSE. Failure to satisfy the conditions of the cure period or to maintain other listing requirements could lead to a delisting.
Item 7.01. Regulation FD Disclosure
As required by Section 802.01C of the NYSE Listed Company Manual, the Company
issued a press release on
Cautionary Statement Regarding Forward-looking Statements
Certain statements in this Current Report on Form 8-K constitute
"forward-looking statements" within the meaning of the Private Securities
Litigation Reform Act of 1995. Such forward-looking statements involve known and
unknown risks, uncertainties and other factors which may cause actual results to
be materially different from any future results expressed or implied by such
forward-looking statements. Any statements that refer to or implicate future
events are forward-looking statements. These statements are not guarantees of
future performance and are subject to certain risks, uncertainties and other
factors, some of which are beyond our control and are difficult to predict.
Risks and uncertainties include the Company's ability to regain compliance with
the continued listing criteria of the NYSE within the applicable cure period and
continue to comply with applicable listing standards of the NYSE; and other
factors set forth under "Risk Factors" in the Company's Annual Report on Form
10-K for the fiscal year ended
Item 9.01. Financial Statement and Exhibits
(d) Exhibits. Exhibit Number Description 99.1* Press Release datedApril 4, 2023 104 Cover Page Interactive Data FIle (formatted as inline XBRL document)
* Filed herewith.
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