10X Capital Venture Acquisition Corp. III Receives NYSE Notice Regarding Noncompliance
01 2월 2024 - 7:16AM
10X Capital Venture Acquisition Corp. III (NYSE American: VCXB,
VCXB.U, VCXB WS) (“10X III”), announced today that NYSE Regulation
(“NYSER”), by letter dated January 29, 2024 (the “Notice”),
notified 10X III that it is not currently in compliance with
Section 1003(b)(i) of the NYSE American LLC Company Guide because
10X III has fewer than 300 public shareholders. The Notice provides
that 10X III has until February 28, 2024 (the “Compliance Plan Due
Date”) to submit a plan to NYSER outlining how it intends to cure
the deficiency and regain compliance with the NYSE American LLC’s
(the “NYSE American”) continued listing standards by January 14,
2025. The plan will be reviewed by NYSER. NYSER will either accept
the plan, at which time 10X III will be subject to quarterly
monitoring for compliance with this plan, or NYSER will not accept
the plan and 10X III will be subject to suspension and delisting
procedures. 10X III intends to submit a plan by the Compliance Plan
Due Date.
The Notice and the procedures described above have no current
effect on the continued listing of 10X III’s securities on the NYSE
American, subject to 10X III’s compliance with the NYSE American’s
other applicable listing requirements.
About 10X Capital Venture Acquisition Corp.
III
10X Capital Venture Acquisition Corp. III (NYSE American: VCXB,
VCXB.U, VCXB WS) is a special purpose acquisition company sponsored
by 10X Capital, focused on identifying high growth businesses
domestically and abroad and bringing them to the public markets.
For more information
visit https://www.10xspac.com/spaciii.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. We intend such forward-looking statements to be covered by
the safe harbor provisions for forward-looking statements contained
in Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended.
Forward-looking statements generally are accompanied by words such
as “will,” “expect,” “anticipated,” “estimated,” “believe,”
“intend,” “plan,” “projection,” “outlook” or words of similar
meaning. 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 10X III’s control,
that could cause actual results or outcomes to differ materially
from those discussed in the forward-looking statements.
Contactir@10xcapital.com
10X Capital Venture Acqu... (AMEX:VCXB.U)
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