FrankvandenBergh
- Trajectory Alpha Acquisition (NYSE:TCOA) received a notice from the New York Stock Exchange (NYSE) for not being in compliance with the rule of minimum 300 public stockholders for continued listing on the exchange.
- The company has 45 days to present a business plan to the NYSE to show how it plans to cure the deficiency within 18 months.
- Trajectory plans to respond to the NYSE to confirm its intent to regain noncompliance.
- The company noted that it expects that after completion of its initial business combination it will have at least 300 public stockholders.