Athena Consumer Acquisition Intends To Voluntarily Delist From NYSE American LLC; Reports Planned Listing By Post-Combination Company On Nasdaq Upon Consummation Of Pending Business Combination
Portfolio Pulse from Benzinga Newsdesk
Athena Consumer Acquisition (ACAQ) has announced its intention to voluntarily delist from NYSE American LLC. The company also reported that the post-combination company plans to list on Nasdaq following the completion of a pending business combination.
September 26, 2023 | 9:38 pm
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NEUTRAL IMPACT
ACAQ's decision to delist from NYSE American LLC and list on Nasdaq after a pending business combination could potentially impact its stock price.
The decision to delist from NYSE and list on Nasdaq is a significant move for ACAQ. This could potentially lead to changes in the stock's liquidity and visibility, which could impact its price. However, the exact impact will depend on the details of the pending business combination and market reaction.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100