Trajectory Alpha Acquisition Corp. Receives Continued Listing Standard Notice From NYSE

Trajectory Alpha Acquisition Corp. (NYSE:TCOA) (the "Company") today announced that on January 12, 2023 the Company was notified by the New York Stock Exchange (the "NYSE") that the Company is not in compliance with the NYSE's continued listing standard that requires all listed companies to have a minimum of 300 public stockholders on a continuous basis. The NYSE notification has no impact on the Company's business operations.

Under the NYSE's rules, the Company has 45 days to present a business plan to the NYSE that demonstrates how the Company intends to cure the deficiency within 18 months of the date of the NYSE notice. During this 18 month period, the Company's Class A common stock will continue to be traded on the NYSE, subject to the Company's compliance with other NYSE listing requirements.

The Company will respond to the NYSE to confirm its intent to cure this noncompliance. The Company expects that upon completion of its initial business combination it will have at least 300 public stockholders. The NYSE notification does not affect the Company's Securities and Exchange Commission reporting requirements.