Pegasus Digital Mobility Acquisition Corp.: Nasdaq/NYSE listing notice — Pegasus Digital Mobility receives NYSE notice for fewer than 300 public stockholders

Pegasus Digital Mobility Acquisition Corp.

NYSE notified Pegasus on Jan 19, 2024, of non-compliance with minimum 300 public stockholders requirement (Section 802.01B).
Company has 45 days to submit a business plan to NYSE; cure period is 18 months from notice date.
NYSE listing unaffected immediately; securities continue trading during cure period subject to continued listing requirements.
Non-compliance does not affect operations, ability to complete business combination, or SEC reporting obligations.

Key facts

Extracted from this filing and checked against the source text.

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

Pegasus Digital Mobility Acquisition Corp. received a nyse deficiency notice notice regarding shareholders (rules 802.01B).

Exchange: nyse
Notice: deficiency notice
Deficiency: shareholders
Rules: 802.01B

Exact text from the filing

January 19, 2024, the Company received written notice (the “Notice”) from the New York Stock Exchange (the “NYSE”) that the Company is not in compliance with the continued listing standards set forth in Section 802.01B of the NYSE Listed Company Manual because the Company has fewer than 300 public stockholders. In accordance with applicable NYSE procedures, the Company intends to deliver a business plan to the NYSE within 45 days of receipt of the Notice outlining how it intends to cure the deficiency and comply with the NYSE continued listing requirement. The Company can avoid delisting if, w

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Source: SEC EDGAR

accession 0001104659-24-006254

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