10X Capital Venture Acquisition Corp. III Receives NYSE Notice Regarding Late Form 10-Q Filing
29 11월 2023 - 6:10AM
10X Capital Venture Acquisition Corp. III (NYSE American: VCXB)
(“10X III”), announced today that New York Stock Exchange
Regulation, Inc., by letter dated November 21, 2023 (the “Notice”),
notified 10X III that it was not in compliance with the NYSE
American LLC’s (“NYSE American”) continued listing standards
because 10X III did not timely file its Quarterly Report on Form
10-Q for the quarter ended September 30, 2023 (the “Quarterly
Report”), which was due on November 20, 2023.
As reported in the Form 12b-25 filed by 10X III with the
Securities and Exchange Commission (“SEC”) on November 14, 2023,
10X III’s independent registered public accounting firm was still
in the process of completing the review of the financial statements
for the quarter ended September 30, 2023 and required additional
time to complete its review of such financial statements.
The Notice provided that 10X III had a period of six months from
the original due date of the Quarterly Report to file such report
and that 10X III could regain compliance with the NYSE American’s
continued listing standards at any time before that date by filing
the Quarterly Report with the SEC and any other subsequent reports
that are required to be filed during the cure period. 10X III
subsequently cured its non-compliance with the continued listing
standards of the NYSE American by filing the Quarterly Report on
November 27, 2023.
About 10X Capital
10X Capital is an alternative asset management firm leveraging
advancements in data analytics & AI to generate signals,
deliver insights, and drive returns across asset classes. The firm
promotes Diversity, Equity & Inclusion in its portfolio
companies and the industry. 10X Capital is amongst the most active
venture capital firms globally, aligning Wall Street, Main Street
& Silicon Valley by bringing institutional capital &
strategies to high growth ventures & income opportunities in
both private & public markets. For more information,
visit https://www.10XCapital.com/.
10X Capital Venture Acquisition Corp. III (NYSE American:
VCXB.U, VCXB, 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
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