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Name | Symbol | Market | Type |
---|---|---|---|
Kismet Acquisition Three Corporation | NASDAQ:KIIIU | NASDAQ | Trust |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 9.97 | 4.00 | 15.96 | 0 | 01:00:00 |
The Staff Determination will not immediately result in the suspension of trading or delisting of the Company’s securities. The Company may appeal the Staff Determination before a Nasdaq Hearings Panel and seek a stay of any suspension or delisting action pending the hearing process in accordance with the procedures set forth in the Staff Determination Letter. A request for a hearing before the Nasdaq Hearings Panel must be submitted no later than 4:00 pm Eastern time on November 17, 2022. In that regard, unless the Company requests an appeal of the Staff Determination, trading of the Company’s units, ordinary shares and warrants will be suspended at the opening of business on November 21, 2022, and a Form 25-NSE will be filed with the SEC, which will remove the Company’s securities from listing and registration on Nasdaq.
The Company has decided not to appeal the Staff Determination.
About Kismet Acquisition Three Corp.
Kismet Acquisition Three Corp. is a special purpose acquisition company formed for the purpose of acquiring, engaging in a share exchange, share reconstruction and amalgamation, contractual control arrangement with, purchasing all or substantially all of the assets of, or engaging in any other similar initial business combination with one or more businesses or entities.
Forward-Looking Statements
This press release may contain statements that constitute “forward-looking statements,” including with respect to the suspension and delisting of the Company’s securities from Nasdaq. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s annual report on Form 10-K filed with the SEC on March 31, 2022, and the Company’s subsequently filed quarterly reports on Form 10-Q. Copies of these documents are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Contacts:
Kismet Acquisition Three Corp.+7 (499) 755-2134info@kismetcg.com
1 Year Kismet Acquisition Three Chart |
1 Month Kismet Acquisition Three Chart |
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