NYSE to Begin Delisting Proceedings Against Danimer Scientific, Inc. (DNMR)

NEW YORK–(BUSINESS WIRE)–The New York Stock Exchange (“NYSE”, the “Exchange”) announced today that the NYSE Regulatory staff has decided to initiate proceedings to delist the Class A for Danimer Scientific, Inc. (the “Company”) – ticker symbol DNMR – on the New York Stock Exchange. Trading in the Company’s Class A common stock will be suspended immediately.

NYSE Regulation made its decision to delist the Company’s Class A common stock pursuant to Section 802.01B of the NYSE Listed Company Manual because the Company had fallen below the NYSE continuous listing standard that requires publicly traded companies to maintain an average global market capitalization for 30 consecutive trades. daily period of at least $15,000,000.

The Company is entitled to a review of this determination by a Committee of the Board of Directors of the Exchange. The NYSE will request the Securities and Exchange Commission to delist the Company’s Class A common stock upon completion of all applicable procedures, including any appeal by the Company of the decision of the NYSE Regulatory staff.

Contacts

Company contact:

Relations with investors and media

Blake Chamblee

Phone: 770-337-6570

[email protected]

New York Stock Exchange Contact:

New York Stock Exchange Communications

Public [email protected]