About PRBM

Founded: 2021
Employees: n/a
CEO: Narbeh Derhacobian
WebsiteView website: www.parabellumac.com

Parabellum Acquisition Corp. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Dallas, Texas.

Announcement • Feb 02

NYSE to Suspend Trading Immediately in Parabellum Acquisition and Commence Delisting Proceedings

The New York Stock Exchange LLC announced that the staff of NYSE Regulation has determined to commence proceedings to delist the two securities of Parabellum Acquisition Corp. from the NYSE. Trading in the Company’s Securities will be suspended immediately. PRBM.U Units, each consisting of one share of Class A common stock, $0.0001 par value, and three-quarters of one redeemable warrant and PRBM Class A common stock, par value $0.0001 per share. NYSE Regulation reached its decision to delist the Company’s Securities pursuant to Section 802.01B of the NYSE’s Listed Company Manual because the Company had fallen below the NYSE’s continued listing standard requiring a listed acquisition company to maintain an average aggregate global market capitalization attributable to its publicly-held shares over a consecutive 30 trading day period of at least $40,000,000. The Company has a right to a review of this determination 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.

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