Regalwood Global Energy Ltd. Receives Non-Compliance Notice from NYSE
REGALWOOD GLOBAL ENERGY LTD CL A (RWGE)
US:NYSE Investor Relations:
carlyle.com/regalwood
Company Research
Source: GlobeNewswire
WASHINGTON, Oct. 09, 2018 (GLOBE NEWSWIRE) -- Regalwood Global Energy Ltd. (NYSE:RWGE) today announced that on October 3, 2018, the New York Stock Exchange (the “NYSE”) notified the Company that it was not in compliance with Section 802.01B of the NYSE Listed Company Manual (the “Manual”), requiring that the Company’s Class A ordinary shares be held by a minimum of 300 public shareholders. Pursuant to such notice, the Company is subject to the procedures set forth in Sections 801 and 802 of the Manual and must submit a business plan that demonstrates how the Company expects to return to compliance within 18 months of receipt of the notice. The Company anticipates that it will satisfy this listing requirement within such time period once it locates a target business with which to consummate an initial business combination. The notice and procedures described above have no effect on the listing of the Company’s securities and the Company intends to submit a plan to regain complia
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