0000876661-22-000853.txt : 20221017 0000876661-22-000853.hdr.sgml : 20221017 20221017155736 ACCESSION NUMBER: 0000876661-22-000853 CONFORMED SUBMISSION TYPE: 25-NSE PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20221017 DATE AS OF CHANGE: 20221017 EFFECTIVENESS DATE: 20221017 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Pine Island Acquisition Corp. CENTRAL INDEX KEY: 0001822835 STANDARD INDUSTRIAL CLASSIFICATION: BLANK CHECKS [6770] IRS NUMBER: 852640308 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 25-NSE SEC ACT: 1934 Act SEC FILE NUMBER: 001-39707 FILM NUMBER: 221313778 BUSINESS ADDRESS: STREET 1: 2455 E. SUNRISE BLVD. STREET 2: SUITE 1205 CITY: FORT LAUDERDALE STATE: FL ZIP: 33304 BUSINESS PHONE: 9545264865 MAIL ADDRESS: STREET 1: 2455 E. SUNRISE BLVD. STREET 2: SUITE 1205 CITY: FORT LAUDERDALE STATE: FL ZIP: 33304 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 0001822835 Pine Island Acquisition Corp. 001-39707
2455 E. Sunrise Blvd., Suite 1205 Fort Lauderdale FL FLORIDA 33304
Redeemable warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 17 CFR 240.12d2-2(b) Victoria Paper Manager, Market Watch and Proxy Compliance 2022-10-17
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 Redeemable warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 (the "Warrants") of Pine Island Acquisition Corp. (the "Company") from listing and registration on the Exchange on October 28, 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 announced on October 13, 2022, that it will redeem all of its outstanding Class A common stock, effective as of the close of business on October 28, 2022, because the Company will not consummate an initial business combination within the time period required by its Amended and Restated Certificate of Incorporation and that there will be no redemption rights or liquidating distributions with respect to the Company's Warrants, which will expire worthless. On October 14, 2022, the Exchange 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 on October 14, 2022. Pursuant to the above authorization, a press release regarding the proposed delisting was issued and posted on the Exchange's website on October 14, 2022. Trading in the Warrants was immediately suspended on October 14, 2022. The Company had a right to appeal to a Committee of the Board of Directors of the Exchange, the determination to delist the Warrants, 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. On October 17, 2022, the Company confirmed that it will not exercise that right. Consequently, all conditions precedent under SEC Rule 12d2-2(b) to the filing of this application have been satisfied.