ZEPHYR COVE, Nev.–(BUSINESS WIRE)–TortoiseEcofin Acquisition Corp. III (the Firm) (NYSE: TRTL) introduced at the moment that it acquired a letter from the New York Inventory Trade (NYSE) stating that the employees of NYSE Regulation has decided to begin proceedings to delist the Firm’s items, Class A bizarre shares and warrants (collectively, the Securities) pursuant to Sections 802.01B and 102.06e. of the NYSE’s Listed Firm Handbook as a result of the Firm didn’t consummate a enterprise mixture inside the shorter of (i) three years or (ii) the time interval specified within the Firm’s constitutive paperwork or by contract. Buying and selling within the Securities on NYSE was suspended after market shut on July 22, 2024.
As indicated within the letter, the Firm has the precise to request that NYSE’s delisting dedication be reviewed by a Committee of the Board of Administrators of NYSE, which the Firm intends to pursue.
The Firm expects its Securities will probably be quoted on the OTC markets on July 23, 2024, beneath the ticker symbols TRTUF for items, TRTLF for Class A bizarre shares and TRTWF for warrants. The delisting course of doesn’t have an effect on the Firm’s enterprise operations. The Firm will stay listed on the NYSE all through the attraction proceedings and can stay a reporting entity beneath the Securities Trade Act of 1934, as amended (the Trade Act), making certain continued disclosure of economic and operational info.
About TortoiseEcofin Acquisition Corp. III
TortoiseEcofin Acquisition Corp. III, a Cayman Islands exempted firm, was shaped for the aim of effecting a merger, amalgamation, share trade, asset acquisition, share buy, reorganization or comparable enterprise mixture.
Ahead-Wanting Statements
This press launch comprises sure forward-looking statements that specific the Firm’s opinions, expectations, beliefs, plans, aims, assumptions or projections relating to future occasions or future outcomes and subsequently are, or could also be deemed to be, “forward-looking statements” inside the which means of Part 27A of the Securities Act of 1933, as amended, and Part 21E of the Trade Act. These forward-looking statements can usually be recognized by means of forward-looking terminology, together with the phrases “believes,” “estimates,” “anticipates,” “expects,” “seeks,” “projects,” “intends,” “plans,” “may,” “will” or “should” or, in every case, their detrimental or different variations or comparable terminology. These forward-looking statements embrace all issues that aren’t historic info. They seem in quite a lot of locations all through this press launch and embrace statements relating to the Firm’s intentions, beliefs or present expectations regarding the Firm’s efficiency, enterprise and future occasions. Such forward-looking statements are based mostly on administration’s expectations, beliefs and forecasts regarding future occasions impacting the Firm. You’re cautioned that any such forward-looking statements usually are not ensures of future efficiency and contain dangers and uncertainties, in addition to assumptions, which, in the event that they have been to ever materialize or show incorrect, might trigger precise outcomes to vary materially from the from the plans, aims, expectations, estimates and intentions expressed or implied by such forward-looking statements. The forward-looking statements made on this press launch converse solely as of the date hereof and the Firm disclaims any obligation, besides as required by legislation, to offer updates, revisions or amendments to any forward-looking statements to replicate modifications within the Firm’s expectations or future occasions.
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TortoiseEcofin Acquisition Corp. III
195 US HWY 50, Suite 309
Zephyr Cove, NV 89448
Attn: Vincent T. Cubbage, Chief Government Officer
Tel: (239) 288-2275
Supply: TortoiseEcofin Acquisition Corp. III
