Polished.com Provides Update on Listing Status of Warrants
16 Agosto 2023 - 8:15AM
Business Wire
Company’s Common Stock Will Continue to Trade
on the NYSE American
Polished.com Inc. (NYSE American: POL) (“Polished” or the
“Company”) today announced that on August 15, 2023 the staff of
NYSE Regulation (the “Staff”) of the New York Stock Exchange
notified Polished and publicly announced that the Staff determined
to commence proceedings to delist the Company’s warrants (the
“Warrants”; NYSE American: POL WS), each exercisable for one share
of the Company’s common stock, from the NYSE American LLC (“NYSE
American”) because they are no longer suitable for listing pursuant
to Section 1001 of the NYSE American Company Guide due to their low
trading price. In addition, the Staff resolved to suspend trading
in the Warrants effective immediately.
The Company’s common stock (NYSE American: POL) will continue to
trade on the NYSE American. The trading of the Company’s common
stock is not impacted by the change in the listing status of the
Warrants.
The Company has a right to a review of the Staff’s determination
by a Committee of the Board of Directors of the NYSE American and
intends to appeal the determination.
ABOUT POLISHED
Polished is raising the bar, delivering a world-class,
white-glove shopping experience for home appliances. From the best
product selections from top brands to exceptional customer service,
we are simplifying the purchasing process and empowering consumers
as we provide a polished experience, from inspiration to
installation. A product expert helps customers get inspired and
imagine the space they want, then shares fresh ideas, unbiased
recommendations and excellent deals to suit the project's budget
and style. The goal is peace of mind when it comes to new
appliances. Polished perks include its "Love-It-Or-Return-It"
30-day policy, extended warranties, the ability to arrange for
delivery and installation at your convenience and other special
offers. Learn more at www.Polished.com.
FORWARD LOOKING STATEMENTS
This press release contains "forward-looking statements" that
are subject to substantial risks and uncertainties. All statements,
other than statements of historical fact, contained in this press
release are forward-looking statements. Forward-looking statements
contained in this press release may be identified by the use of
words such as "anticipate," "believe," "contemplate," "could,"
"estimate," "expect," "intend," "seek," "may," "might," "plan,"
"potential," "predict," "project," "target," "aim," "should,"
"will", "would," or the negative of these words or other similar
expressions, although not all forward-looking statements contain
these words. Forward-looking statements are based on the Company's
current expectations and are subject to inherent uncertainties,
risks and assumptions that are difficult to predict. Further,
certain forward-looking statements are based on assumptions as to
future events that may not prove to be accurate. You should not
place undue reliance on forward-looking statements because they
involve known and unknown risks, uncertainties and other factors,
which are, in some cases, beyond the Company’s control and which
could materially affect results. Factors that may cause actual
results to differ materially from current expectations include,
among other things, those described more fully in the section
titled "Risk Factors" of the Company’s Annual Report on Form 10-K
for the year ended December 31, 2022 filed with the Securities and
Exchange Commission. Forward-looking statements contained in this
announcement are made as of this date, and the Company undertakes
no duty to update such information except as required under
applicable law.
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Investor Relations ir@polished.com
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