dMY Technology Group, Inc. III Receives NYSE Notice Regarding Delayed Form 10-Q Filing
June 01 2021 - 5:00PM
Business Wire
dMY Technology Group, Inc. III (NYSE: DMYI) (the “Company”)
today announced that it received a notice from the New York Stock
Exchange (the “NYSE”) indicating that the Company is not in
compliance with Section 802.01E of the NYSE Listed Company Manual
as a result of its failure to timely file its Quarterly Report on
Form 10-Q for the quarter ended March 31, 2021 (the “Q1 2021 Form
10-Q”) with the Securities and Exchange Commission (the “SEC”). The
notice has no immediate effect on the listing of the Company’s
stock on the NYSE.
The NYSE informed the Company that, under the NYSE’s rules, the
Company can regain compliance with the NYSE’s continued listing
requirements by filing the Q1 2021 Form 10-Q with the SEC at any
time prior to November 24, 2021.
As the Company reported in its Form 12b-25 filed with the SEC on
May 18, 2021, the Company is currently determining the extent to
which the April 12, 2021 statement released by the Staff of the SEC
relating to the accounting and reporting considerations for
warrants issued by special purpose acquisition companies (“SPACs”)
will impact its financial statements as of and for the fiscal
quarter ended March 31, 2021, which will be included in the Q1 2021
Form 10-Q.
The Company is working diligently to complete the Q1 2021 Form
10-Q and expects to file such report as soon as practicable.
Cautionary Note Concerning Forward-Looking Statements
This press release contains certain forward-looking statements,
including without limitation the Company’s current expectations and
intentions with respect to the filing of its Q1 2021 Form 10-Q.
These forward-looking statements, which are included in accordance
with the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995, may involve known and unknown risks,
uncertainties and other factors that may cause the Company's actual
results and performance in future periods to be materially
different from any future results or performance suggested by the
forward-looking statements in this press release. Although the
Company believes such forward-looking statements are based upon
reasonable assumptions, it can give no assurance that actual
results will not differ materially from these expectations,
including the length of time that may be required for the Company
to complete its procedures and file the Q1 2021 Form 10-Q, and the
Company disclaims any duty to update any forward-looking statements
made by the Company. From time to time, these risks, uncertainties
and other factors are discussed in the Company's filings with the
SEC.
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