Announcement • Sep 19
African Gold Acquisition Corporation Files Form 15 African Gold Acquisition Corporation has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its Class A ordinary shares under the Securities Exchange Act of 1934, as amended. The par value of the company's Class A ordinary shares was $0.0001 per share. Announcement • Aug 30
NYSE Determines to Delist the Units and Ordinary Shares of African Gold Acquisition On August 23, 2023, the New York Stock Exchange (the “NYSE”) notified African Gold Acquisition Corporation, a Cayman Islands exempted company (the “Company”), and publicly announced, that NYSE had determined to commence proceedings to delist from NYSE (i) the Company’s units, each consisting of one Class A ordinary share and three-quarters of one redeemable warrant, that are listed to trade on NYSE under the symbol “AGAC.U” (the “Units”) and (ii) the Company’s Class A ordinary shares, par value $0.0001 per share, that are listed to trade on NYSE under the symbol “AGAC” (the “Ordinary Shares”). Trading in the Units and Ordinary Shares was suspended immediately. NYSE determined to delist the Units and Ordinary Shares due to the Company’s inability to file its Quarterly Reports on Form 10-Q for the periods ended June 30, 2022, September 30, 2022, March 31, 2023 and June 30, 2023 and Annual Report on Form 10-K for the fiscal year ended December 31, 2022 by August 22, 2023, which is the maximum time allowed under Section 802.01E of the NYSE’s Listed Company Manual. The Company does not intend to appeal the NYSE’s determination. The foregoing actions and their consequences could affect the liquidity and value of the Company’s securities. The Units and the Ordinary Shares may be traded on the over-the-counter markets, or any other available market. Announcement • Aug 24
The New York Stock Exchange to Commence Delisting Proceedings against African Gold Acquisition The New York Stock Exchange (‘NYSE’ or the ‘Exchange’) announced on August 23, 2023 that the staff of NYSE Regulation has determined to commence proceedings to delist the two securities: Class A ordinary shares and Units, each consisting of one Class A ordinary share and three-quarters of one Redeemable Warrant (‘Securities’) of African Gold Acquisition Corporation (the ‘Company’) from the Exchange. Trading in the Company’s Securities on the NYSE will be suspended immediately. NYSE Regulation reached its decision that the Company’s Securities are no longer suitable for listing, because the Company is delayed in filing with the Securities and Exchange Commission its quarterly reports on Form 10-Q for the periods ended June 30, 2022, September 30, 2022, March 31, 2023 and June 30, 2023 and annual report on Form 10-K for the fiscal year ended December 31, 2022 (collectively ‘Delayed Filings’). The Company was not able to complete the Delayed Filings by August 22, 2023, which is the maximum time allowed under Section 802.01E of the NYSE’s Listed Company Manual. The Company has a right to a review of staff’s determination to delist the Securities by a Committee of the Board of Directors of the Exchange. The NYSE will apply to the Securities and Exchange Commission to delist the Company’s Securities upon completion of all applicable procedures, including any appeal by the Company of the NYSE Regulation staff’s decision.