08-19-2022: Shapeways received first notice from NYSE of non-compliance with continued listing standards

This started a two-year process that led the company to bankruptcy

On August 19, 2022, Shapeways – then still one of the global leaders in the 3D printing services market, announced that it had received a formal notice from the NYSE for non-compliance with continued listing standards, which require common stock to maintain a minimum average closing price of $1.00 per share over a consecutive 30-day trading period.

This…