Parabellum Acquisition Corp.: Nasdaq/NYSE listing notice — NYSE notifies Parabellum of warrant delisting due to low price; intends to appeal

Parabellum Acquisition Corp.

On Oct 31, 2022, NYSE notified Parabellum that warrants will be delisted and trading suspended immediately due to 'abnormally low' price levels per Section 802.01D.
Company intends to appeal the NYSE Regulation's determination to delist the warrants.
Class A common stock and units continue to be listed and traded on NYSE; only warrants affected.
A press release was issued on November 1, 2022 announcing the receipt of the NYSE letter.

item 3.01 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Parabellum Acquisition Corp. received a nyse delisting notice notice regarding other (rules 802.01D).

Exchange: nyse
Notice: delisting notice
Rules: 802.01D

Exact text from the filing

October 31, 2022, the New York Stock Exchange (the “ NYSE ”) notified Parabellum Acquisition Corp. (the “ Company ”) that the NYSE determined to commence proceedings to delist the Company’s warrants, each exercisable for one share of the Company’s Class A common stock, from the NYSE and that trading in the Company’s warrants would be suspended immediately, due to “abnormally low” trading price levels pursuant to Section 802.01D of the NYSE Listed Company Manual. The Company currently intends to appeal the NYSE’s determination. The Company’s Class A common stock and units will continue to be li

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Source: SEC EDGAR

accession 0001104659-22-113561

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