Direct Selling Acquisition Corp. Announces Notification To New York Stock Exchange Of Intention To Voluntarily Delist Common Stock And Units
Direct Selling Acquisition Corp. Announces Notification To New York Stock Exchange Of Intention To Voluntarily Delist Common Stock And Units
Application Pending to Transfer Shares to Nasdaq Global Market
向納斯達克全球市場轉讓股票的申請待處理
PLANO, Texas, April 12, 2024 /PRNewswire/ -- Direct Selling Acquisition Corp. (NYSE:DSAQ) (the "Company") today announced its intention to voluntarily 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 The New York Stock Exchange ("NYSE") and, as previously announced, the Company has made an application to have its Securities quoted on the Nasdaq Global Market ("Nasdaq"). The Company provided notice of the voluntary delisting to NYSE on April 12, 2024, and intends to timely file a Form 25 with the U.S. Securities and Exchange Commission (the "SEC") to effect the delisting of its Securities on or about April 23, 2024. The Company anticipates thereafter filing a Form 8-A with the SEC to register its Common Stock and Units on an accelerated basis on Nasdaq. Although the timing of the Company's decision was driven in part by the determination it could soon fall out of compliance with NYSE listing standards, the Company has been evaluating its listing options for some time and has concluded that, for the Company, the management attention required to maintain compliance with NYSE listing standards, outweighs the benefits of being listed on NYSE. Eliminating the effort required to maintain compliance with NYSE listing standards will better enable the Company to focus on completing a business combination with Hunch Technologies Limited, a private limited company incorporated in Ireland with registered number 607449 ("PubCo"). The Company has applied to have its Common Stock and Units quoted on Nasdaq and expects that the Common Stock will be quoted on Nasdaq under the ticker symbols "DSAQ" and the Units will be quoted on Nasdaq under the ticker symbol "DSAQU" on or about April 24, 2024, subject to the approval of Nasdaq. The Common Stock and Units will continue to trade on NYSE until that time under the ticker symbols "DSAQ" and "DSAQ.U", respectively. The Company expects that transferring its Common Stock and Units to Nasdaq will enable its investors to hold and trade its Securities without interruption.
得克薩斯州普萊諾，2024年4月12日 /PRNewswire/ — 直銷收購公司（紐約證券交易所代碼：DSAQ）（“公司”）今天宣佈，打算自願退市面值每股0.0001美元的A類普通股（“普通股”）和單位，每個單位由一股A類普通股和一半的可贖回認股權證（“單位”）以及普通股組成，紐約證券交易所（“紐約證券交易所”）的 “證券”），正如先前宣佈的那樣，該公司已申請將其證券在納斯達克全球市場上市（“納斯達克”）。該公司於2024年4月12日向紐約證券交易所提供了自願退市通知，並打算及時向美國證券交易委員會（“SEC”）提交25號表格，以使其證券在2024年4月23日左右退市。該公司預計，此後將向美國證券交易委員會提交8-A表格，以加速在納斯達克註冊其普通股和單位。儘管該公司做出決定的時機在一定程度上是由其可能很快不符合紐約證券交易所上市標準的決定所驅動的，但該公司評估其上市選擇已有一段時間了，得出的結論是，對公司而言，維持遵守紐約證券交易所上市標準所需的管理注意力大於在紐約證券交易所上市的好處。取消維持遵守紐約證券交易所上市標準所需的努力將使公司能夠更好地專注於完成與Hunch Technologies Limited的業務合併。Hunch Technologies Limited是一家在愛爾蘭註冊成立，註冊號爲607449（“PubCo”）的私人有限公司。該公司已申請在納斯達克上市其普通股和單位，並預計普通股將在納斯達克上市，股票代碼爲 “DSAQ”，股票代碼將在2024年4月24日左右在納斯達克上市，股票代碼爲 “DSAQU”，但須經納斯達克批准。在此之前，普通股和單位將繼續在紐約證券交易所交易，股票代碼分別爲 “DSAQ” 和 “DSAQ.U”。該公司預計，將其普通股和單位轉讓給納斯達克將使其投資者能夠不間斷地持有和交易其證券。
The Company will remain subject to the periodic reporting requirements of the U.S. Securities Exchange Act of 1934, as amended, following the delisting of its Securities from NYSE. Shareholders of the Company will not be required to exchange any Securities, and the Company expects electronic trading to be available without any material disruption. Ultimately, the Company's board of directors determined that it is in the best interests of the Company and its shareholders to voluntarily delist the Company's Securities from NYSE and move to the Nasdaq at this time.
在其證券從紐約證券交易所退市後，公司將繼續遵守經修訂的1934年《美國證券交易法》的定期報告要求。公司股東無需交易任何證券，公司希望電子交易不會受到任何實質性干擾。最終，公司董事會決定，自願將公司的證券從紐約證券交易所退市並轉移到納斯達克符合公司及其股東的最大利益。
譯文內容由第三人軟體翻譯。