RCF Acquisition Corp. Class A (RCFA) has released an update to notify the public and investors about listing compliance status.
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RCF Acquisition Corp. was notified by the NYSE on January 19, 2024, of non-compliance with the exchange’s listing requirements due to having fewer than the required 300 public stockholders. The company must submit a plan within 45 days to regain compliance by November 15, 2024, which the NYSE will review within another 45 days. If the plan is accepted, the company will be monitored quarterly. Non-compliance may lead to suspension and delisting, but until then, trading will continue under current symbols with a suffix indicating “below compliance” status.
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