regulatory
confidence high
sentiment negative
materiality 0.65
Fortress Capital Acquisition Corp: Nasdaq/NYSE listing notice — NYSE commences delisting of Fortress Capital Acquisition Corp. warrants; no appeal planned
Fortress Capital Acquisition Corp
- NYSE notified Fortress Capital Acquisition Corp. on Dec 9, 2022 of delisting proceedings for warrants due to trading price levels under Section 802.01D.
- Trading in warrants (FCAX WS) suspended immediately; company will not appeal the NYSE's determination.
- Class A common stock (FCAX) and units (FCAX.U) will continue to be listed and traded on NYSE.
- Delisting application to SEC will follow standard procedures.