other material
confidence high
sentiment negative
materiality 0.85
Fusion Acquisition Corp. II: Nasdaq/NYSE listing notice — NYSE suspends trading and commences delisting of Fusion Acquisition Corp. II
Fusion Acquisition Corp. II
- NYSE determined to delist Class A common stock and units for failing to maintain $40M average public market cap over 30 days.
- Trading suspended immediately on October 17, 2023; company notified same day.
- Company may appeal to NYSE Board committee; NYSE will apply to SEC for delisting.
- Company anticipates securities may trade over-the-counter after NYSE suspension.
- Press release issued October 20, 2023; company reviewing options including appeal.