secwatch.observer — SEC 8-K summary
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Issuer:     Accelerate Acquisition Corp. (—)
CIK:        0001838883
Form:       8-K
Filed at:   2022-11-16T23:59:59+00:00
Accession:  0001213900-22-073177
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

NYSE to delist Accelerate Acquisition warrants; company seeks liquidation by Dec. 30, 2022
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- NYSE notified Accelerate Acquisition (AAQC) on Nov 15, 2022, of intent to delist warrants (AAQC WS) due to low trading price.
- Company seeks stockholder approval to amend charter to redeem all public shares and liquidate by Dec 30, 2022, ahead of March 22, 2023 deadline.
- If stockholders approve the amendment, warrants (AAQC WS) will expire worthless; company will not appeal NYSE determination.
- Trading in warrants suspended immediately; common stock (AAQC) continues trading on NYSE.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1838883/000121390022073177/0001213900-22-073177-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1838883/000121390022073177/ea168846-8k_accelerate.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-073177

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