RCF Acquisition Corp. Announces Receipt of Continued Listing Standard Non-compliance Notice from NYSE
January 25 2024 - 5:00PM
RCF Acquisition Corp. (NYSE: RCFA, RCFA WS and RCFA.U) announced
today that it received written notice on January 19, 2024 from
the New York Stock Exchange (NYSE) that the company is not in
compliance with NYSE continued listing standards, which require it
to maintain a minimum of 300 public stockholders on a continuous
basis. In accordance with applicable NYSE procedures, the Company
has 45 days from receipt of the notice to submit a plan that would
bring it into compliance with the minimum stockholder requirement
by no later than November 15, 2024.
The Company intends to develop and submit a plan to bring it
into compliance with the NYSE listing standards within the required
time-frame.
The notice has no immediate impact on the Company’s securities,
and provided the NYSE approves the plan, the Company’s securities
will continue to be listed and traded on the NYSE under their
existing ticker symbols, with the addition of a suffix indicating
the “below compliance” status of its ordinary shares, such as
“RCFA.BC.”
About RCF Acquisition Corp.
RCF Acquisition Corp. is a special purpose
acquisition company affiliated with Perception Capital Partners, a
private and public equity investor.
Forward-Looking Statements
This press release includes “forward-looking
statements” within the meaning of the “safe harbor” provisions of
the United States Private Securities Litigation Reform Act of 1995,
including, without limitation, statements regarding RCFA’s intent
to submit a plan bring it into compliance with the NYSE listing
standards. When used in this press release, the words “estimates,”
“projected,” “expects,” “anticipates,” “forecasts,” “plans,”
“intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,”
“propose” and variations of these words or similar expressions (or
the negative versions of such words or expressions) are intended to
identify forward-looking statements. You should carefully consider
the risks and uncertainties described under the heading “Risk
Factors” in RCFA’s Annual Report on Form 10-K for the year ended
December 31, 2022 filed with the SEC on March 7, 2023, Quarterly
Report on Form 10-Q for the quarter ended September 30, 2023 filed
with the SEC on November 7, 2023, and any subsequent filings.
All forward-looking statements are expressly
qualified in their entirety by such factors. RCFA does not
undertake any duty to update any forward-looking statement except
as required by law.
Contact RCF Acquisition Corp.Rick
GaenzleChief Executive
Officerinvestors@perceptioncapitalpartners.com
Perception Capital Corp IV (NYSE:RCFA.U)
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