NYSE Amex LLC Accepts Advanced Technology's Plan of Compliance
2009年5月13日 - 5:30AM
PRニュース・ワイアー (英語)
RAMAT GAN, Israel, May 12 /PRNewswire-FirstCall/ -- Advanced
Technology Acquisition Corp. (the "Company") (NYSE Amex: AXC) today
announced that it received a letter dated May 4, 2009 from NYSE
Amex LLC (the "Exchange") indicating that the Exchange had accepted
the Company's plan of compliance with respect to its previously
disclosed non-compliance with certain rules. On February 10, 2009,
the Company received a notice from the Exchange indicating that the
Company was not in compliance with Section 704 of the NYSE Amex
Company Guide, because it did not hold an annual meeting of its
stockholders during 2008. The Company had been afforded the
opportunity to submit a plan of compliance to the Exchange and on
or about March 10, 2009 presented its plan to the Exchange. In a
letter dated May 4, 2009, the Exchange notified the Company that it
accepted the Company's plan of compliance and granted the Company
an extension until August 11, 2009 to regain compliance with the
continued listing standards. The Company will be subject to
periodic review by Exchange Staff during the extension period.
Failure to make progress consistent with the plan or to regain
compliance with the continued listing standards by the end of the
extension period could result in the Company being delisted from
the NYSE Amex LLC. About Advanced Technology Acquisition Corp. The
Company is a blank check company formed for the purpose of
effecting a merger, capital stock exchange, asset acquisition,
stock purchase or other similar business combination with a
technology or technology-related business that has operations or
facilities located in Israel, such as research and development,
manufacturing or executive offices. Safe Harbor Statement This
press release contains certain statements that may include "forward
looking statements." All statements other than statements of
historical fact included herein are "forward-looking statements."
These forward-looking statements are often identified by the use of
forward-looking terminology such as "believes," "expects" or
similar expressions, involving known and unknown risks and
uncertainties. Although the Company believes that the expectations
reflected in these forward-looking statements are reasonable, they
do involve assumptions, risks and uncertainties, and these
expectations may prove to be incorrect. You should not place undue
reliance on these forward-looking statements, which speak only as
of the date of this press release. The Company's actual results
could differ materially from those anticipated in these
forward-looking statements as a result of a variety of factors,
including the risk factors discussed in the Company's periodic
reports that are filed with the Securities and Exchange Commission
and available on the SEC's website (http://www.sec.gov/). All
forward-looking statements attributable to the Company or persons
acting on its behalf are expressly qualified in their entirety by
these risk factors. Other than as required under the securities
laws, the Company does not assume a duty to update these
forward-looking statements. DATASOURCE: Advanced Technology
Acquisition Corp. CONTACT: Ido Bahbut, Chief Financial Officer,
Advanced Technology Acquisition Corp. +011-972-3-751-3707
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