Cutera, Inc. (โCuteraโ or the โCompanyโ) (Nasdaq: CUTR) today announced that it has formally notified The Nasdaq Stock Market LLC (โNasdaqโ) of its intent to voluntarily delist its common stock from the Nasdaq Global Select Market. Cutera expects to file a Form 25 with the Securities and Exchange Commission (the "SEC") relating to the voluntary delisting of its common stock on or about March 20, 2025. The Company expects the delisting of the common stock to be effective on or about March 30, 2025. Following such delisting, the Company intends to file a Form 15 with the SEC to indefinitely suspend the Companyโs reporting obligations under the Securities Exchange Act of 1934, as amended. The suspension of the Companyโs reporting obligations, including the obligation to file Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, will be effective upon filing the Form 15.
The Company has not arranged for listing or registration of the common stock on another national securities exchange or for quotation in a quotation medium and cannot guarantee that any public market for trading the common stock will exist now or in the future.
About Cutera, Inc.
Cutera is a leading provider of aesthetic and dermatology solutions for practitioners worldwide. For over 25 years, Cutera has strived to improve lives through medical aesthetic technologies that are driven by science and powered through partnerships. For more information, call 1-888-4-CUTERA or visit Cutera.com.
Safe Harbor Statement
Certain statements in this press release, other than purely historical information, are โforward-looking statementsโ within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act, and Section 21E of the Exchange Act. These statements include but are not limited to express or implied statements regarding various matters including, but not limited to, statements regarding: the Companyโs intention to file a Form 25 with the SEC to effect the voluntary delisting of the Common Stock on or about March 20, 2025 and to file a Form 15 with the SEC thereafter to suspend the Companyโs Exchange Act reporting obligations; and the potential quotation of the common stock in a quotation medium. In some cases, you can identify forward-looking statements by the use of words such as, but not limited to, โmay,โ โcould,โ โseek,โ โguidance,โ โpredict,โ โpotential,โ โlikely,โ โbelieve,โ โwill,โ โshould,โ โexpect,โ โanticipate,โ โestimate,โ โplan,โ โintend,โ โforecast,โ โforeseeโ or variations of these terms and similar expressions or the negative of these terms or similar expressions. Forward-looking statements are based on managementโs current expectations and beliefs and are subject to risks and uncertainties, which are difficult to predict and may cause the Companyโs actual results to differ materially from the express or implied forward-looking statements herein. These forward-looking statements are not guarantees of future performance, and stockholders should not place undue reliance on forward-looking statements. There are several risks, uncertainties, and other important factors, many of which are beyond the Companyโs control, that could cause its actual results to differ materially from the forward-looking statements, including risks involved with the timing and outcome of the Companyโs current proceedings under Chapter 11 (the โChapter 11 Casesโ) and the Companyโs filing for relief under Chapter 11; the impact of the Chapter 11 Cases on the listing of the Companyโs securities on Nasdaq; as well as the other risks described in the โRisk Factorsโ section of Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and other documents filed from time to time with the SEC by the Company.
All statements made in this press release are made only as of the date of this report. Accordingly, undue reliance should not be placed on forward-looking statements. The Company undertakes no obligation to update publicly any forward-looking statements to reflect new information, events, or circumstances after the date they were made, or to reflect the occurrence of unanticipated events. If the Company updates one or more forward-looking statements, no inference should be drawn that it will make additional updates concerning those or other forward-looking statements.
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Contacts
Cutera Media:
Rose Temple / Evelyn Bubb
CuteraComms@fticonsulting.com
