{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-015835","form_type":"8-K","ticker":null,"cik":"0001835800","company_name":"Pivotal Investment Corp III","filed_at":"2023-03-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.959739+00:00","generated_at":"2026-06-18T18:48:46.085593+00:00","sec_items":["3.01","9.01"],"event_type":"regulatory","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Pivotal Investment Corp III receives NYSE delisting notice; will appeal; securities to trade OTC","bullets":["NYSE Regulation commenced proceedings to delist PICC common stock and units due to market cap below $40M threshold.","Company intends to appeal the delisting determination to a NYSE committee.","Trading suspended on NYSE after Feb 28 close; effective March 1, securities trade OTC under PICC and PICCU.","Delisting under Section 802.01B for failure to maintain average aggregate global market cap of publicly-held shares over 30 days."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-015835","json":"https://secwatch.observer/filing/0001213900-23-015835.json","markdown":"https://secwatch.observer/filing/0001213900-23-015835.md","text":"https://secwatch.observer/filing/0001213900-23-015835.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1835800/000121390023015835/0001213900-23-015835-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1835800/000121390023015835/ea174483-8k_pivotalinv3.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T18:48:46.085593+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"21e26dbfdb4d6129ac354f074edffa75976fa226","claim":"Pivotal Investment Corp III received a nyse delisting notice notice regarding market value (rules 802.01B).","evidence_excerpt":"February 28, 2023, Pivotal Investment Corporation III (the “ Company”) received a written notice (the “ Notice”) from the staff of NYSE Regulation (the “ Staff” ) of the New York Stock Exchange (“ NYSE”) indicating that the Staff has determined to commence proceedings to delist the Company’s Class A Common Stock and units, each consisting of one share of Class A Common Stock and one-fifth of one redeemable warrant (the “ Units ”), each warrant exercisable for one share of Class A Common Stock of the Company (the “ Warrants” ), from the NYSE pursuant to Section 802.01B of the NYSE’s Listed Comp","evidence_source":"SEC 8-K Item 3.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1835800/000121390023015835/0001213900-23-015835-index.htm","confidence":0.9,"family_label":"Listing & Compliance Notices","details":[{"label":"Exchange","value":"nyse"},{"label":"Notice","value":"delisting notice"},{"label":"Deficiency","value":"market value"},{"label":"Rules","value":"802.01B"}],"fact_type":"exchange_compliance_notice"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}