Direct Selling Acquisition Corp. Announces Delisting of Common Stock and Units from the New York Stock Exchange
Direct Selling Acquisition Corp. Class A (DSAQ)
Company Research
Source: PR Newswire
Application Pending to Transfer Shares to OTCQXPLANO, Texas, April 29, 2024 /PRNewswire/ -- Direct Selling Acquisition Corp. (NYSE: DSAQ) (the "Company") today announced that it has received a notice letter (the "Delisting Notice") from the New York Stock Exchange ("NYSE") that the staff of NYSE Regulation has determined to commence proceedings to delist its Class A common stock, par value $0.0001 per share (the "Common Stock") and units, each consisting of one share of Class A common stock and one-half of one redeemable warrant (the "Units" and together with the Common Stock, the "Securities") from NYSE. Trading in the Company's Securities will be suspended, effective at the close of trading on April 29, 2024.NYSE reached its decision pursuant to Rule 802.01B of the NYSE Listed Company Manual because the Company did not meet NYSE's continued listing standard that requires listed acquisition companies to maintain an average aggregate global market capitalization attributable to its pu
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