0000876661-22-000972.txt : 20221114
0000876661-22-000972.hdr.sgml : 20221114
20221114123039
ACCESSION NUMBER: 0000876661-22-000972
CONFORMED SUBMISSION TYPE: 25-NSE
PUBLIC DOCUMENT COUNT: 2
FILED AS OF DATE: 20221114
DATE AS OF CHANGE: 20221114
EFFECTIVENESS DATE: 20221114
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: Pivotal Investment Corp III
CENTRAL INDEX KEY: 0001835800
STANDARD INDUSTRIAL CLASSIFICATION: BLANK CHECKS [6770]
IRS NUMBER: 853415215
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 25-NSE
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40019
FILM NUMBER: 221382831
BUSINESS ADDRESS:
STREET 1: C/O GRAUBARD MILLER
STREET 2: 405 LEXINGTON AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10174
BUSINESS PHONE: (212) 818-8800
MAIL ADDRESS:
STREET 1: C/O GRAUBARD MILLER
STREET 2: 405 LEXINGTON AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10174
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: NEW YORK STOCK EXCHANGE LLC
CENTRAL INDEX KEY: 0000876661
IRS NUMBER: 000000000
STATE OF INCORPORATION: NY
FILING VALUES:
FORM TYPE: 25-NSE
BUSINESS ADDRESS:
STREET 1: 11 WALL STREET
CITY: NEW YORK
STATE: NY
ZIP: 10005
BUSINESS PHONE: 212-656-2060
MAIL ADDRESS:
STREET 1: 11 WALL STREET
CITY: NEW YORK
STATE: NY
ZIP: 10005
FORMER COMPANY:
FORMER CONFORMED NAME: NEW YORK STOCK EXCHANGE INC
DATE OF NAME CHANGE: 19910628
25-NSE
1
primary_doc.xml
X0203
0000876661
NEW YORK STOCK EXCHANGE LLC
0001835800
Pivotal Investment Corp III
001-40019
405 LEXINGTON AVENUE
New York
NY
NEW YORK
10174
212-818-8800
Redeemable Warrants, each whole warrant exercisable for shares of Class A common stock at an exercise price of $11.50 per share
17 CFR 240.12d2-2(b)
Daniel Contrastano
Manager, Market Watch & Proxy Compliance
2022-11-14
EX-99.25
2
ruleprovisionnotice.htm
NOTIFICATION OF THE REMOVAL FROM LISTING AND REGISTRATION OF THE STATED SECURITIES
The New York Stock Exchange ("NYSE" or the "Exchange") hereby notifies the Securities and Exchange Commission (the "Commission") of its intention to remove the entire class of Redeemable Warrants, each whole warrant exercisable for shares of Class A common stock at an exercise price of $11.50 per share (the "Warrants") of Pivotal Investment Corporation III (the "Company") from listing and registration on the Exchange on November 25, 2022, pursuant to the provisions of Rule 12d2-2(b) because, in the opinion of the Exchange, the Warrants are no longer suitable for continued listing and trading on the NYSE.
The Exchange has determined that the Warrants are no longer suitable for listing based on "abnormally low" price levels, pursuant to Section 802.01D of the Listed Company Manual.
On October 27, 2022, the Exchange determined that the Warrants of the Company should be suspended from trading and directed the preparation and filing with the Commission of this application for the removal of the Warrants from listing and registration on the NYSE. The Company was notified on October 27, 2022.
Pursuant to the above authorization, a press release regarding the proposed delisting was issued and posted on the Exchange's website on October 27, 2022. Trading in the Warrants was immediately suspended on October 27, 2022.
The Company had a right to appeal to a Committee of the Board of Directors of the Exchange, the determination to delist the Warrants, provided that it filed a written request for such a review with the Secretary of the Exchange within ten business days of receiving notice of the delisting determination. The Company did not file such request within the specified time period. Consequently, all conditions precedent under SEC Rule 12d2-2(b) to the filing of this application have been satisfied.