Local Bounti Corporation/DE (LOCL): Nasdaq/NYSE listing notice — NYSE delists Local Bounti warrants (LOCL WS) due to abnormally low price

Local Bounti Corporation/DE

NYSE halted trading in warrants on Oct 17, 2023 due to low price.
NYSE notified company on Oct 18 of delisting determination under Section 802.01D.
Company evaluating whether to appeal the NYSE's delisting determination.
Common stock (LOCL) continues trading on NYSE unaffected.
Warrants originally issued when company was SPAC Leo Holdings III Corp.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Local Bounti Corporation/DE received a nyse delisting notice notice regarding other (rules 802.01D).

Exchange: nyse
Notice: delisting notice
Rules: 802.01D

Exact text from the filing

October 18, 2023, the NYSE provided written notice to the Company and publicly announced that NYSE Regulation has determined to commence proceedings to delist the Warrants and that the Warrants are no longer suitable for listing based on “abnormally low” price levels, pursuant to Section 802.01D of the NYSE Listed Company Manual. To effect the delisting, the NYSE will apply to the Securities and Exchange Commission to delist the Warrants upon completion of applicable procedures. The Company is still evaluating whether it will appeal the NYSE’s determination. Trading in the Company’s common sto

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20 listing & compliance notices filed in the last 30 days. Browse all listing & compliance notices →

Local Bounti Corporation/DE filing history →

Source: SEC EDGAR

accession 0001840780-23-000039

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