10X Capital Venture Acquisition Corp. III Announces Transfer of Listed Securities to the NYSE American
October 04 2023 - 6:07PM
10X Capital Venture Acquisition Corp. III (NYSE: VCXB.U, VCXB, VCXB
WS) (“10X III”) today announced that it is transferring the listing
of its Class A ordinary shares, par value $0.0001 per share (“Class
A Ordinary Shares”), redeemable warrants, each exercisable to
purchase one Class A Ordinary Share at a price of $11.50 per share
(the “Warrants”), and units, each consisting of one Class A
Ordinary Share and one-half of one Warrant (the “Units” and,
together with the Class A Ordinary Shares and the Warrants, the
“Listed Securities”), from the New York Stock Exchange (the “NYSE”)
to the NYSE American LLC (the “NYSE American”). 10X III’s decision
to transfer to the NYSE American was motivated by several factors,
including more favorable thresholds for continued listing on the
NYSE American. Following the transfer, 10X III intends to continue
to file the same types of periodic reports and other information it
currently files with the Securities and Exchange Commission (the
“SEC”). 10X III expects that the trading of its Listed Securities
on the NYSE will end at market close on or about October 6, 2023
and that the trading of its Listed Securities on the NYSE American
will commence at market open on or about October 9, 2023 under the
current ticker symbols, VCXB, VCXB WS and VCXB.U for the Class A
Ordinary Shares, Warrants and Units, respectively.
About 10X Capital
10X Capital is an alternative asset management firm leveraging
advancements in data analytics & AI to generate signals,
deliver insights, and drive returns across asset classes. The firm
promotes Diversity, Equity & Inclusion in its portfolio
companies and the industry. 10X Capital is amongst the most active
venture capital firms globally, aligning Wall Street, Main Street
& Silicon Valley by bringing institutional capital &
strategies to high growth ventures & income opportunities in
both private & public markets. For more information,
visit https://www.10XCapital.com/.
10X Capital Venture Acquisition Corp. III (NYSE: VCXB.U, VCXB,
VCXB WS) is a special purpose acquisition company sponsored by 10X
Capital, focused on identifying high growth businesses domestically
and abroad and bringing them to the public markets. For more
information visit https://www.10xspac.com/spaciii.
Additional Information and Where to Find It
As previously announced on August 9, 2023, 10X III has entered
into a merger agreement with American Gene Technologies
International Inc., a Delaware corporation (“AGT”), for a business
combination that would result in the combined company being a
publicly listed company (the public company following the business
combination to be renamed “Addimmune”). In connection with the
proposed transaction, the parties intend to file relevant materials
with the SEC, including a registration statement on Form S-4 (“Form
S-4”), which will include a proxy statement/prospectus of 10X III,
along with other documents regarding the proposed transaction. 10X
III’s shareholders and other interested persons are advised to
read, when available, the preliminary proxy statement/prospectus
and the amendments thereto and the definitive proxy statement and
documents incorporated by reference therein filed in connection
with the proposed business combination, as these materials will
contain important information about AGT, 10X III and the proposed
business combination. Promptly after the Form S-4 is declared
effective by the SEC, 10X III will mail the definitive proxy
statement/prospectus and a proxy card to each shareholder entitled
to vote at the meeting relating to the approval of the transactions
and other proposals set forth in the proxy statement/prospectus.
The Form S-4, the proxy statement/prospectus, as well as other
filings containing information about AGT and 10X III will be
available without charge at the SEC’s Internet site
(http://www.sec.gov). Copies of the proxy statement/prospectus can
be obtained, when available, without charge, from 10X III’s
website https://www.10xspac.com/spaciii. BEFORE MAKING
ANY VOTING OR INVESTMENT DECISION, INVESTORS ARE URGED TO CAREFULLY
READ THE FORM S-4 AND THE PROXY STATEMENT/PROSPECTUS AND
ANY OTHER RELEVANT DOCUMENTS FILED OR THAT WILL BE FILED WITH THE
SEC IN CONNECTION WITH THE PROPOSED BUSINESS COMBINATION WHEN THEY
BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION
ABOUT THE PROPOSED BUSINESS COMBINATION.
Participants in the Solicitation
AGT, 10X III and certain of their respective directors,
executive officers and other members of management and employees
may, under SEC rules, be deemed to be participants in the
solicitation of proxies from 10X III’s shareholders in connection
with the proposed business combination. You can find more
information about 10X III’s directors and executive officers in 10X
III’s Annual Report on Form 10-K, as amended, for the year ended
December 31, 2022 (the “Annual Report”), which was filed with the
SEC on May 22, 2023, as modified or supplemented by any Form 3 or
Form 4 filed with the SEC since the date of such filing. Additional
information regarding the participants in the proxy solicitation
and a description of their direct and indirect interests will be
included in the proxy statement/prospectus when it becomes
available. Shareholders, potential investors and other interested
persons should read the proxy statement/prospectus carefully when
it becomes available before making any voting or investment
decisions. You may obtain free copies of these documents from the
sources indicated above.
No Offer or Solicitation
This press release shall not constitute a solicitation of a
proxy, consent, or authorization with respect to any securities or
in respect of the proposed business combination. This press release
shall also not constitute an offer to sell or the solicitation of
an offer to buy any securities, nor shall there be any sale of
securities in any states or jurisdictions in which such offer,
solicitation, or sale would be unlawful prior to registration or
qualification under the securities laws of any such jurisdiction.
No offering of securities shall be made except by means of a
prospectus meeting the requirements of Section 10 of the Securities
Act of 1933, as amended, or an exemption therefrom.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. We intend such forward-looking statements to be covered by
the safe harbor provisions for forward-looking statements contained
in Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended.
Forward-looking statements generally are accompanied by words such
as “will,” “expect,” “anticipated,” “estimated,” “believe,”
“intend,” “plan,” “projection,” “outlook” or words of similar
meaning. These forward-looking statements are not guarantees of
future performance, conditions or results, and involve a number of
known and unknown risks, uncertainties, assumptions and other
important factors, many of which are outside 10X III’s control,
that could cause actual results or outcomes to differ materially
from those discussed in the forward-looking statements. Important
factors, among others, that may affect actual results or outcomes
include 10X III’s ability to begin and maintain the trading of its
Listed Securities on the NYSE American and those factors discussed
in the Annual Report, any subsequent Quarterly Reports on Form 10-Q
filed with the SEC and in any subsequent filings with the SEC,
including the Form S-4 and the proxy statement/prospectus which
forms a part thereof relating to the business combination expected
to be filed by 10X III. 10X III does not undertake any obligation
to update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise, except as
required by law.
Contactir@10xcapital.com
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