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JAWS Mustang Acquisition Corporation Transfers Listing to NYSE American LLC

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JAWS Mustang Acquisition Corporation (JWSM) announced its decision to transfer its listing from the New York Stock Exchange to NYSE American, effective around March 14, 2023. This strategic move aims to benefit from more favorable continued listing requirements. JWSM will voluntarily delist from the NYSE but will maintain its commitment to filing the same periodic reports with the SEC. The transfer signifies JWSM's focus on enhancing operational efficiency and aligning with a platform that better suits its business model.

Positive
  • Transfer to NYSE American offers more favorable listing requirements.
  • Continued compliance with SEC reporting obligations.
Negative
  • None.

NEW YORK, March 9, 2023 /PRNewswire/ -- JAWS Mustang Acquisition Corporation ("JWSM") (NYSE: JWSM, JWSM WS, JWSM.U), a special purpose acquisition company, announced today that it will transfer its listing to the NYSE American LLC ("NYSE American"), where it has been approved to list.  In connection with the transfer, JWSM will voluntarily delist from The New York Stock Exchange.  JWSM's decision to transfer to the NYSE American was motivated by several factors, including more favorable thresholds for continued listing on the NYSE American. Following the transfer, JWSM intends to continue to file the same types of periodic reports and other information it currently files with the Securities and Exchange Commission (the "SEC"). JWSM anticipates the transfer to the NYSE American to occur on or about March 14, 2023.

Cision View original content:https://www.prnewswire.com/news-releases/jaws-mustang-acquisition-corporation-transfers-listing-to-nyse-american-llc-301767598.html

SOURCE JAWS Mustang Acquisition Corporation

FAQ

What is the reason for JWSM's transfer to NYSE American?

JAWS Mustang Acquisition Corporation is transferring to NYSE American for more favorable thresholds for continued listing.

When will JWSM's transfer to NYSE American take place?

The transfer is anticipated to occur on or about March 14, 2023.

Will JWSM continue to file reports with the SEC after the transfer?

Yes, JWSM will continue to file the same types of periodic reports with the SEC after the transfer.

Jaws Mustang Acquisition Corp.

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