other material
confidence high
sentiment negative
materiality 0.60
Ascendant Digital Acquisition Corp. III: Nasdaq/NYSE listing notice — NYSE begins delisting proceedings for Ascendant Digital Acquisition Corp. III warrants due to abnormally low price
Ascendant Digital Acquisition Corp. III
- NYSE notified company on Dec 23, 2022 of decision to delist warrants (ACDI WS) under Section 802.01D.
- Trading in warrants suspended immediately; Class A ordinary shares (ACDI) and units (ACDI.U) continue trading.
- Delisting triggered by 'abnormally low' trading price levels per NYSE Listed Company Manual.
- Company is a SPAC; warrants originally exercisable at $11.50 per share.