Bite Acquisition (BITE) has released an update.
Bite Acquisition Corp. is facing delisting from the NYSE American Exchange as it failed to complete a business combination within the specified time after its IPO. While trading of its securities continues, the company has the option to appeal the delisting decision by February 27, 2024. Following this development, the company released a press statement, emphasizing the information is not for filing purposes and also included cautionary notes about forward-looking statements, acknowledging the risks and uncertainties inherent in such statements.
For further insights into BITE stock, check out TipRanks’ Stock Analysis page.
