{"id":724681,"date":"2023-01-19T22:03:05","date_gmt":"2023-01-20T03:03:05","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/trajectory-alpha-acquisition-corp-receives-continued-listing-standard-notice-from-nyse\/"},"modified":"2023-01-19T22:03:05","modified_gmt":"2023-01-20T03:03:05","slug":"trajectory-alpha-acquisition-corp-receives-continued-listing-standard-notice-from-nyse","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/trajectory-alpha-acquisition-corp-receives-continued-listing-standard-notice-from-nyse\/","title":{"rendered":"Trajectory Alpha Acquisition Corp. Receives Continued Listing Standard Notice from NYSE"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>Trajectory Alpha Acquisition Corp. Receives Continued Listing Standard Notice from NYSE<\/b><\/p>\n<p>NEW YORK&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nTrajectory Alpha Acquisition Corp. (NYSE:TCOA) (the \u201cCompany\u201d) today announced that on January 12, 2023 the Company was notified by the New York Stock Exchange (the \u201cNYSE\u201d) that the Company is not in compliance with the NYSE\u2019s continued listing standard that requires all listed companies to have a minimum of 300 public stockholders on a continuous basis. The NYSE notification has no impact on the Company\u2019s business operations.\n<\/p>\n<p>\nUnder the NYSE\u2019s rules, the Company has 45 days to present a business plan to the NYSE that demonstrates how the Company intends to cure the deficiency within 18 months of the date of the NYSE notice. During this 18 month period, the Company\u2019s Class A common stock will continue to be traded on the NYSE, subject to the Company\u2019s compliance with other NYSE listing requirements.\n<\/p>\n<p>\nThe Company will respond to the NYSE to confirm its intent to cure this noncompliance. The Company expects that upon completion of its initial business combination it will have at least 300 public stockholders. The NYSE notification does not affect the Company\u2019s Securities and Exchange Commission reporting requirements.\n<\/p>\n<p><b>About Trajectory Alpha Acquisition Corp.<\/b><\/p>\n<p>\nThe Company is sponsored by Trajectory Alpha Sponsor LLC, and the Company\u2019s leadership team is led by Peter Bordes, Michael E.S. Frankel and Paul Sethi, who together bring more than 80 years of experience investing in and operating technology-enabled companies. The Company is a blank check company incorporated as a Delaware corporation for the purpose of effecting a merger, consolidation, capital stock exchange, asset acquisition, share purchase, reorganization or business combination with one or more businesses. While the Company may pursue an initial business combination with any company in any industry, the Company\u2019s objective is to identify and work with a disruptive, technology-driven business that leverages its unique intellectual property and proprietary data to develop a sustainable competitive advantage and, in turn, dislodge slower moving incumbents in the target\u2019s selected end markets.\n<\/p>\n<p><b>Forward-Looking Statements<\/b><\/p>\n<p>\nThis press release may include, and oral statements made from time to time by representatives of the Company may include, \u201cforward-looking statements\u201d within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements, other than statements of historical fact, included in this press release are forward-looking statements. When used in this press release, words such as \u201canticipate,\u201d \u201cbelieve,\u201d \u201ccontinue,\u201d \u201ccould,\u201d \u201cestimate,\u201d \u201cexpect,\u201d \u201cintend,\u201d \u201cmay,\u201d \u201cmight,\u201d \u201cplan,\u201d \u201cpossible,\u201d \u201cpotential,\u201d \u201cpredict,\u201d \u201cproject,\u201d \u201cshould,\u201d \u201cwould\u201d and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company\u2019s management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company\u2019s filings with the Securities and Exchange Commission (\u201cSEC\u201d). All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company\u2019s registration statement and prospectus for the Company\u2019s initial public offering filed with the SEC. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230119005952r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230119005952\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230119005952\/en\/<\/a><\/span><\/p>\n<p>\nTrajectory Alpha Acquisition Corp.<br \/>\n<br \/>Peter Bordes<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:info@trajectorycapital.com\">info@trajectorycapital.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> New York United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Professional Services Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230119005952\/en\/1691446\/3\/logo_white_background.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Trajectory Alpha Acquisition Corp. Receives Continued Listing Standard Notice from NYSE NEW YORK&#8211;(BUSINESS WIRE)&#8211; Trajectory Alpha Acquisition Corp. (NYSE:TCOA) (the \u201cCompany\u201d) today announced that on January 12, 2023 the Company was notified by the New York Stock Exchange (the \u201cNYSE\u201d) that the Company is not in compliance with the NYSE\u2019s continued listing standard that requires all listed companies to have a minimum of 300 public stockholders on a continuous basis. The NYSE notification has no impact on the Company\u2019s business operations. Under the NYSE\u2019s rules, the Company has 45 days to present a business plan to the NYSE that demonstrates how the Company intends to cure the deficiency within 18 months of the date of the NYSE notice. During this &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/trajectory-alpha-acquisition-corp-receives-continued-listing-standard-notice-from-nyse\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Trajectory Alpha Acquisition Corp. Receives Continued Listing Standard Notice from NYSE&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-724681","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Trajectory Alpha Acquisition Corp. 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(NYSE:TCOA) (the \u201cCompany\u201d) today announced that on January 12, 2023 the Company was notified by the New York Stock Exchange (the \u201cNYSE\u201d) that the Company is not in compliance with the NYSE\u2019s continued listing standard that requires all listed companies to have a minimum of 300 public stockholders on a continuous basis. The NYSE notification has no impact on the Company\u2019s business operations. Under the NYSE\u2019s rules, the Company has 45 days to present a business plan to the NYSE that demonstrates how the Company intends to cure the deficiency within 18 months of the date of the NYSE notice. During this &hellip; Continue reading &quot;Trajectory Alpha Acquisition Corp. 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(NYSE:TCOA) (the \u201cCompany\u201d) today announced that on January 12, 2023 the Company was notified by the New York Stock Exchange (the \u201cNYSE\u201d) that the Company is not in compliance with the NYSE\u2019s continued listing standard that requires all listed companies to have a minimum of 300 public stockholders on a continuous basis. The NYSE notification has no impact on the Company\u2019s business operations. Under the NYSE\u2019s rules, the Company has 45 days to present a business plan to the NYSE that demonstrates how the Company intends to cure the deficiency within 18 months of the date of the NYSE notice. During this &hellip; Continue reading \"Trajectory Alpha Acquisition Corp. 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