EVe Mobility Acquisition Corp Announces Continued Listing on NYSE American Following Compliance Extension
October 21 2024 - 4:15PM
EVe Mobility Acquisition Corp (NYSE American: EVE), a Cayman
Islands exempted company (“EVe” or the “Company”), announced today
that on October 16, 2024, the Company received a written late
extension request acceptance letter from the NYSE American LLC
(“NYSE American” or the “NYSE Regulation”), because it is not in
compliance with the continued listing standards of the NYSE
American. Specifically, the Company has not met the requirements
set forth in Sections 134 and 1101 of the NYSE American Company
Guide due to its delayed filings of the Form 10-K for the year
ended December 31, 2023, and its Form 10-Qs for the periods ended
March 31, 2024, and June 30, 2024 (the “Delayed Filings”).
In accordance with Section 1007 of the Company
Guide, the Company submitted an extension request after being
unable to cure the filing deficiencies within the initial six-month
period of the 12-month cure period. NYSE Regulation has reviewed
and accepted the Company’s request, granting an extended plan
period through December 14, 2024, to complete the Delayed Filings,
as well as any additional filings delayed thereafter.
During this plan period, NYSE Regulation will
periodically review the Company’s compliance with the milestones
outlined in its submission. If the Company does not make progress
toward becoming current in its SEC filings during the plan period
or does not complete its business combination by December 14, 2024,
NYSE Regulation staff may initiate delisting proceedings. The
Company may appeal any such delisting determination.
In compliance with Sections 402 and 1009(e) of
the NYSE American Company Guide, the Company is issuing this press
release to inform its shareholders that its listing is being
continued under an extension, with a targeted completion date of
December 14, 2024.
About EVe
EVe Mobility Acquisition Corp is a blank check
company whose business purpose is to effect a merger, share
exchange, asset acquisition, share purchase, reorganization or
similar business combination with one or more businesses.
Forward Looking-Statements
Certain statements made in this press release
are “forward looking statements” within the meaning of the “safe
harbor” provisions of the United States Private Securities
Litigation Reform Act of 1995. When used in this press release, the
words “estimates,” “projected,” “expects,” “anticipates,”
“forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,”
“will,” “should,” “future,” “propose” and variations of these words
or similar expressions (or the negative versions of such words or
expressions) are intended to identify forward-looking statements.
These forward-looking statements are not guarantees of future
performance, conditions or results, and involve a number of known
and unknown risks, uncertainties, assumptions and other important
factors, many of which are outside EVe’s control, that could cause
actual results or outcomes to differ materially from those
discussed in the forward-looking statements. Many factors could
cause actual future events to differ materially from the
forward-looking statements in this document, including but not
limited to: the ability of the Company to file timely file its
required annual and quarterly reports with the SEC; the ability of
the Company to regain compliance with NYSE American continued
listing standards and maintain the listing of the Company’s
securities on a national securities exchange. EVe undertake no
obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise,
except as required by law.
Contact:
info@evemobility.com
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