other material
confidence high
sentiment negative
materiality 0.70
InterPrivate III Financial Partners Inc.: Nasdaq/NYSE listing notice — InterPrivate III halted by NYSE after public float falls below $40M, seeks NYSE American listing
InterPrivate III Financial Partners Inc.
- Public float under $40M for 30 consecutive trading days as of Feb 2, 2023.
- NYSE halted trading at ~4:00 PM ET on Feb 2 to review transition application to NYSE American.
- Trust account has $20.2M cash after redemptions from Dec 21, 2022 special meeting.
- No assurance of successful alternative listing or avoiding a listing gap.