NYSE American to Commence Delisting Proceedings with Respect to the Warrants of 10X Capital Venture Acquisition Corp. III (VCXB WS)
June 25 2024 - 9:15AM
Business Wire
NYSE American LLC (“NYSE American” or the “Exchange”) announced
today that the staff of NYSE Regulation has determined to commence
proceedings to delist the warrants of 10X Capital Venture
Acquisition Corp. III (the “Company”), each whole warrant
exercisable for one Class A ordinary share, each at an exercise
price of $11.50 per share — ticker symbol VCXB WS — from the NYSE
American. Trading in the Company’s warrants will be suspended
immediately. Trading in the Company’s Class A ordinary shares —
ticker symbol VCXB — and units — ticker symbol VCXB.U — will
continue on the NYSE American.
NYSE Regulation staff has determined that the Company’s warrants
are no longer suitable for listing pursuant to Section 1001 of the
NYSE American Company Guide due to the low trading price of such
warrants.
The Company has a right to a review of NYSE Regulation staff’s
determination to delist the Company’s warrants by the Listings
Qualifications Panel of the Committee for Review of the Board of
Directors of the Exchange. The NYSE American will apply to the
Securities and Exchange Commission to delist the Company’s warrants
upon completion of all applicable procedures, including any appeal
by the Company of the NYSE Regulation staff’s decision.
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Company Contacts:
ir@10xcapital.com
NYSE Contact: NYSE
Communications PublicRelations-NYSE@ice.com