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NYSE to Begin Delisting Proceedings Against Everest Consolidator Acquisition Corporation (MNTN)

NYSE to Begin Delisting Proceedings Against Everest Consolidator Acquisition Corporation (MNTN)

Finanznachrichten News

NEW YORK–(BUSINESS WIRE)–The New York Stock Exchange (“NYSE”, the “Exchange”) announced today that NYSE Regulatory staff has decided to initiate delisting proceedings for the three listed securities below (“Securities”) of Everest Consolidator Acquisition Corporation (the “Company”) of the Exchange. Trading in the Company’s Securities will be suspended immediately.

Symbol

Description

MNTN

Class A common shares, par value $0.0001 per share

MNTN.U

Units, each consisting of one Class A common share and one-half of one Warrant

MNTN WS

Warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 per share

The Rules of the New York Stock Exchange reached its decision to delist the Company’s Securities pursuant to Sections 802.01B and 102.06e. of the NYSE Listed Company Manual because the Company failed to consummate a business combination within the lesser of (i) the period of time specified by its charter documents or by contract or (ii) three years.

The Company is entitled to a review of this determination by a Committee of the Board of Directors of the Exchange. The NYSE will request the Securities and Exchange Commission to delist the Company’s Securities upon completion of all applicable procedures, including any appeal by the Company of the decision of the NYSE Regulatory staff.

Contacts

Company contact:

Investor Relations

+1 (949) 610-0835

[email protected]

New York Stock Exchange Contact:

New York Stock Exchange Communications

Public [email protected]