NYSE Eligibility Sample Clauses
The NYSE Eligibility clause defines the requirements that a party, typically a company or its securities, must meet to be eligible for listing or continued listing on the New York Stock Exchange (NYSE). This clause often outlines specific financial, governance, or operational standards, such as minimum market capitalization, number of shareholders, or compliance with NYSE rules. Its core practical function is to ensure that only qualified entities can access the benefits of NYSE listing, thereby maintaining the integrity and reputation of the exchange and protecting investors.
NYSE Eligibility. As of the Effective Date, the Public Securities have been approved for listing on the New York Stock Exchange (“NYSE”), subject to official notice of issuance and evidence of satisfactory distribution. There is and has been no failure on the part of the Company or any of the Company’s directors or officers, in their capacities as such, to comply with (as and when applicable), and immediately following the effectiveness of the Registration Statement the Company will be in compliance with, NYSE rules.
NYSE Eligibility. As of the Effective Date, each of the Public Units, the Public Shares and the Public Warrants have been approved for listing on the NYSE, subject to official notice of issuance and evidence of satisfactory distribution. There is and has been no failure on the part of the Company or any of the Company’s directors or officers, in their capacities as such, to comply with (as and when applicable), and immediately following the Effective Date the Company will be in compliance with, the rules of the NYSE.