0000876661-22-000693.txt : 20220819
0000876661-22-000693.hdr.sgml : 20220819
20220819082627
ACCESSION NUMBER: 0000876661-22-000693
CONFORMED SUBMISSION TYPE: 25-NSE
PUBLIC DOCUMENT COUNT: 2
FILED AS OF DATE: 20220819
DATE AS OF CHANGE: 20220819
EFFECTIVENESS DATE: 20220819
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: Ribbit LEAP, Ltd.
CENTRAL INDEX KEY: 0001818346
STANDARD INDUSTRIAL CLASSIFICATION: BLANK CHECKS [6770]
IRS NUMBER: 000000000
STATE OF INCORPORATION: E9
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 25-NSE
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39507
FILM NUMBER: 221178975
BUSINESS ADDRESS:
STREET 1: 364 UNIVERSITY AVENUE
CITY: PALO ALTO
STATE: CA
ZIP: 94301
BUSINESS PHONE: 650-241-0701
MAIL ADDRESS:
STREET 1: 364 UNIVERSITY AVENUE
CITY: PALO ALTO
STATE: CA
ZIP: 94301
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: NEW YORK STOCK EXCHANGE LLC
CENTRAL INDEX KEY: 0000876661
IRS NUMBER: 000000000
STATE OF INCORPORATION: NY
FILING VALUES:
FORM TYPE: 25-NSE
BUSINESS ADDRESS:
STREET 1: 11 WALL STREET
CITY: NEW YORK
STATE: NY
ZIP: 10005
BUSINESS PHONE: 212-656-2060
MAIL ADDRESS:
STREET 1: 11 WALL STREET
CITY: NEW YORK
STATE: NY
ZIP: 10005
FORMER COMPANY:
FORMER CONFORMED NAME: NEW YORK STOCK EXCHANGE INC
DATE OF NAME CHANGE: 19910628
25-NSE
1
primary_doc.xml
X0203
0000876661
NEW YORK STOCK EXCHANGE LLC
0001818346
Ribbit LEAP, Ltd.
001-39507
364 University Avenue
Palo Alto
CA
CALIFORNIA
94301
Warrants, each whole warrant exercisable for one Class A Ordinary Share at an exercise price of $11.50
17 CFR 240.12d2-2(b)
Lauren Frawley
Analyst, Market Watch and Proxy Compliance
2022-08-19
EX-99.25
2
ruleprovisionnotice.htm
NOTIFICATION OF THE REMOVAL FROM LISTING AND REGISTRATION OF THE STATED SECURITIES
The New York Stock Exchange ("NYSE" or the "Exchange") hereby notifies the Securities and Exchange Commission (the "Commission") of its intention to remove the entire class of Warrants, each whole warrant exercisable for one Class A Ordinary Share at an exercise price of $11.50 (the "Warrants") of Ribbit LEAP, Ltd. (the "Company") from listing and registration on the Exchange on August 30, 2022, pursuant to the provisions of Rule 12d2-2(b) because, in the opinion of the Exchange, the Warrants are no longer suitable for continued listing and trading on the NYSE.
The Exchange has determined that the warrants are no longer suitable for listing based on "abnormally low" price levels, pursuant to Section 802.01D of the Listed Company Manual. The Company also disclosed on August 2, 2022 that there will be no redemption rights or liquidating distributions with respect to the Company's warrants, which will expire worthless.
The Exchange, on August 3, 2022, determined that the Warrants of the Company should be suspended from trading, and directed the preparation and filing with the Commission of this application for the removal of the Warrants from listing and registration on the NYSE. The Company was notified by phone and letter on August 3, 2022.
Pursuant to the above authorization, a press release regarding the proposed delisting was issued and posted on the Exchange's website on August 3, 2022. Trading in the Warrants was suspended at the close of the market on August 3, 2022.
The Company had a right to appeal to a Committee of the Board of Directors of the Exchange, the determination to delist the Securities, provided that it filed a written request for such a review with the Secretary of the Exchange within ten business days of receiving notice of the delisting determination. The Company did not file such a request within the specified period. Consequently, all conditions precedent under SEC Rule 12d2-2(b) to the filing of this application have been satisfied.