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    Thunder Bridge Capital Partners III Inc. filed SEC Form 8-K: Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing

    11/13/23 6:05:11 AM ET
    $TBCP
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    0001815753 false 0001815753 2023-11-08 2023-11-08 0001815753 TBCP:UnitsEachConsistingOfOneShareOfClassCommonStockAndOnefifthOfOneRedeemableWarrantMember 2023-11-08 2023-11-08 0001815753 TBCP:ClassCommonStockParValue0.0001PerShareMember 2023-11-08 2023-11-08 0001815753 TBCP:WarrantsEachWholeWarrantExercisableForOneShareOfClassCommonStockAtExercisePriceOf11.50Member 2023-11-08 2023-11-08 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

     

     

    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549

     

    FORM 8-K

     

    CURRENT REPORT

     

    Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

     

    Date of Report (Date of earliest event reported): November 8, 2023

     

    Thunder Bridge Capital Partners III, Inc.

    (Exact name of registrant as specified in its charter)

     

    Delaware   001-39998   85-1445798
    (State or other jurisdiction
    of incorporation)
      (Commission File Number)   (IRS Employer
    Identification No.)

     

    9912 Georgetown Pike

    Suite D203

    Great Falls, Virginia

    (Address of principal executive offices)

     

    22066

    (Zip Code)

     

    Registrant’s telephone number, including area code:(202) 431-0507

     

    Not Applicable

    (Former name or former address, if changed since last report)

     

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

     

    ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

     

    ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

     

    ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

     

    ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

     

    Securities registered pursuant to Section 12(b) of the Act:

     

    Title of Each Class   Trading Symbol(s)   Name of Each Exchange on Which Registered
    Units, each consisting of one share of Class A Common Stock and one-fifth of one redeemable Warrant   TBCPU   The Nasdaq Stock Market LLC
    Class A Common Stock, par value $0.0001 per share   TBCP   The Nasdaq Stock Market LLC
    Warrants, each whole warrant exercisable for one share of Class A Common Stock at an exercise price of $11.50   TBCPW   The Nasdaq Stock Market LLC

     

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

     

    Emerging growth company ☒

     

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ 

     

     

     

     

     
    Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

    As previously disclosed, on June 15, 2023, Thunder Bridge Capital Partners III, Inc. (the “Company”) received a deficiency letter from the Listing Qualifications Department (the “Staff”) of the Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, for the preceding 30 consecutive business days, the Company’s Market Value of Listed Securities (“MVLS”) was below the $35 million minimum requirement for continued inclusion on the Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(b)(2) (the “MVLS Requirement”).

     

    On November 8, 2023, the Company received a written notice from the Staff of Nasdaq notifying the Company that the Staff has determined that for the last 20 consecutive business days, from October 10, 2023, to November 7, 2023, the Company’s MVLS has been $35,000,000 or greater. Accordingly, the Company has regained compliance with the MVLS Requirement and the Staff has indicated that the matter is now closed.

     

    2 

     

     

    SIGNATURE

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. 

    Dated: November 13, 2023

     

      THUNDER BRIDGE CAPITAL PARTNERS III, INC.

     

      By: /s/ Gary A. Simanson
      Name:  Gary A. Simanson
      Title: Chief Executive Officer

     

    3 

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