regulatory
confidence high
sentiment negative
materiality 0.60
Advanced Merger Partners, Inc.: Nasdaq/NYSE listing notice — NYSE to delist Advanced Merger Partners warrants for abnormally low trading price; no appeal planned
Advanced Merger Partners, Inc.
- NYSE notified Company on Nov 2, 2022 that warrants (AMPI WS) will be delisted under Section 802.01D for abnormally low trading prices.
- Trading in warrants suspended immediately; Company's Class A common stock and units continue trading on NYSE.
- Company has decided not to appeal the NYSE's delisting determination.
- Warrants each exercisable for one share of Class A common stock at $11.50 per share.