NYSE to Commence Delisting Proceeding Against TortoiseEcofin Acquisition Corp. III (TRTL)
22 Julio 2024 - 3:39PM
Business Wire
The New York Stock Exchange (“NYSE”, the “Exchange”) announced
today that the staff of NYSE Regulation has determined to commence
proceedings to delist the three securities enumerated below
(“Securities”) of TortoiseEcofin Acquisition Corp. III (the
“Company”) from the Exchange. Trading in the Company’s Securities
will be suspended immediately.
Symbol
Description
TRTL
Class A Ordinary Shares included
as part of the units
TRTL.U
Units, each consisting of one
share of Class A Ordinary Share, $0.0001 par value, and one-fourth
of one redeemable warrant
TRTL WS
Redeemable warrants included as
part of the units, each whole warrant exercisable for one Class A
Ordinary Share at an exercise price of $11.50
NYSE Regulation reached its decision to delist the Company’s
Securities pursuant to Sections 802.01B and 102.06e. of the NYSE’s
Listed Company Manual because the Company failed to consummate a
business combination within the shorter of (i) the time period
specified by its constitutive documents or by contract or (ii)
three years.
The Company has a right to a review of this determination by a
Committee of the Board of Directors of the Exchange. The NYSE will
apply to the Securities and Exchange Commission to delist the
Company’s Securities upon completion of all applicable procedures,
including any appeal by the Company of the NYSE Regulation staff’s
decision.
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Company Contact:
TortoiseEcofin Acquisition Corp. III 195 US HWY 50, Suite 309
Zephyr Cove, NV 89448 Attn: Vincent T. Cubbage, Chief Executive
Officer Tel: (913) 981-1020
NYSE Contact: NYSE
Communications PublicRelations-NYSE@ice.com