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Zenvia's Decision to Voluntarily Delist from Nasdaq

On February 25, 2026, Zenvia, a prominent technology company specializing in customer experience solutions, revealed its decision to voluntarily delist its Class A common shares from the Nasdaq Capital Market. This conclusion comes after careful deliberation by Zenvia's board of directors, who assessed various factors influencing the current state of the business and market.

Reasons Behind the Delisting and Deregistration

Zenvia's choice to depart from the Nasdaq stems from a combination of challenges faced by the company. Notably, the board evaluated the costs associated with maintaining a public listing, which included substantial accounting and legal fees. Ascertaining the benefits against these costs led to the painful acknowledgment that remaining publicly traded was becoming increasingly untenable.

Moreover, Zenvia highlighted the minimal trading activity of its shares, which significantly hindered the company’s capacity to utilize U.S. public capital markets for funding and liquidity purposes. The firm received a notification from Nasdaq indicating that it no longer met the minimum bid requirement of $1.00 per share. The inability to comply with this prerequisite posed a risk of involuntary delisting, further motivating the decision to take control of the situation by opting for a voluntary delisting.

As Zenvia prepares to execute this delisting, its Class A common shares will exit the Nasdaq exchange. Future trading options for investors will be limited to privately negotiated sales or potentially an over-the-counter market (OTC), although there is no assurance that any broker will facilitate this trading.

Timeline for Delisting and Deregistration

The company has shared a preliminary timeline for the delisting and deregistration process:

• - February 25, 2026: Notice of voluntary delisting submitted to NASDAQ.
• - March 9, 2026: Filing of Form 25 with the SEC for the delisting of Class A shares.
• - March 19, 2026: Planned effective date for delisting from NASDAQ.
• - March 19, 2026: Filing of Form 15 with the SEC for deregistration, which will allow for the immediate suspension of the obligation to file reports pursuant to the Securities Exchange Act of 1934.

Zenvia retains the right to defer or retract these filings if deemed necessary, and it will provide updates in accordance with Nasdaq standards and applicable regulations.

About Zenvia

With a substantial footprint in the Latin American market, Zenvia has been a leading provider of customer experience technology, specializing in AI solutions that enhance interactions across digital channels such as WhatsApp, Instagram, and TikTok. Over its 22 years of operation, Zenvia has amassed an impressive client portfolio of over 10,000 businesses, focusing on boosting efficiency, sales, and customer satisfaction.

The decision to delist from Nasdaq may reflect a pivot towards optimizing resources and strategic priorities amid a complex market landscape. As the company navigates these changes, further information about Zenvia's business operations and developments can be found on their investor relations website.