secwatch.observer — SEC 8-K summary
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Issuer:     Parabellum Acquisition Corp. (—)
CIK:        0001848165
Form:       8-K
Filed at:   2023-01-31T23:59:59+00:00
Accession:  0001104659-23-008611
Event type: regulatory
Sentiment:  negative
Materiality: 0.85
Item codes: 3.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NYSE suspends trading and initiates delisting of Parabellum Acquisition Corp. securities due to market cap failure
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- NYSE suspended trading of Parabellum common stock, warrants, and units as of 4:00 p.m. ET on Jan 31, 2023.
- Delisting due to non-compliance with Section 802.01B requiring $40M average global market cap over 30 trading days.
- NYSE will apply to SEC to delist; trading to transfer to OTC Markets Group.
- Warrants had been suspended since Nov 1, 2022; common stock and units suspended Jan 31.
- Parabellum still pursuing business combination with EnOcean GmbH (Nov 13, 2022 agreement); Holdco expects NYSE listing post-close.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1848165/000110465923008611/0001104659-23-008611-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1848165/000110465923008611/tm234845d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-008611

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer