secwatch.observer — SEC 8-K summary
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Issuer:     Horizon Acquisition Corp II (—)
CIK:        0001821788
Form:       8-K
Filed at:   2022-11-18T23:59:59+00:00
Accession:  0001104659-22-120357
Event type: regulatory
Sentiment:  negative
Materiality: 0.85
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

NYSE notifies Horizon Acquisition II of likely delisting on Nov 28 for public float shortfall
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- NYSE notified Horizon Acquisition II on Nov 14, 2022 that its public float fell below the required $40M average over 30 trading days due to extension-related redemptions.
- If not cured, NYSE expects to suspend trading and commence delisting proceedings on November 28, 2022.
- Company evaluating transfer to NYSE American, which has a $20M public float standard; sponsor may need to sell some shares to third parties.
- No assurance that alternative listing can be obtained or transition without a gap; liquidity and value of securities could be affected.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1821788/000110465922120357/0001104659-22-120357-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1821788/000110465922120357/tm2230956d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-120357

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