Altimar Acquisition Corp. III Receives NYSE Notice Regarding Late Form 10-Q Filing
NEW YORK, June 1, 2021 /PRNewswire/ Altimar Acquisition Corp. III (the Company) announced today that, on May 25, 2021, it received a notice from the New York Stock Exchange (the NYSE) that the Company was not in compliance with the continued listing requirements under the timely filing criteria established in Section 802.01E of the NYSE Listed Company Manual as a result of the Companys failure to timely file its Quarterly Report on Form 10-Q for the period ended March 31, 2021 (the Form 10-Q) with the Securities and Exchange Commission (the SEC) on or prior to the due date thereof or by the extended filing due date provided by Rule 12b-25 promulgated under the Securities Exchange Act of 1934, as amended. The NYSE informed the Company that, under the NYSEs rules, the Company has six months from the filing due date to file the Form 10-Q with the SEC.
As the Company reported in its Form 12b-25 filed with the SEC on May 18, 2021, the Company experienced delays in the preparation and review of its unaudited condensed financial statements for the period ended March 31, 2021 as a result of the changes to the accounting treatment of the Companys public warrants and private placement warrants issued in connection with the Companys initial public offering.
The Company has filed the Form 10-Q with the SEC on June 1, 2021 and is expected to regain compliance with the NYSEs continued listing requirements.
About Altimar Acquisition Corp. III
The Company is sponsored by Altimar Sponsor III, LLC, an affiliate of HPS Investment Partners, LLC, and is led by Tom Wasserman as the Chief Executive Officer and chair of the board of directors. The Company is a newly organized blank check company incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or business combination with one or more businesses or entities.
Cautionary Note Concerning Forward-Looking Statements
This press release includes, and oral statements made from time to time by representatives of the Company may include, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements are intended to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. Statements regarding the Companys current expectations and intentions with respect to the filing of the Form 10-Q and related matters as well as all other statements other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as anticipate, believe, continue, could, estimate, expect, intend, may, might, plan, possible, potential, predict, project, should, would and similar expressions identify forward-looking statements. Such forward-looking statements are based on the beliefs of the Companys management, as well as assumptions made by, and information currently available to, the Companys management. Actual results could differ materially from
those contemplated by such forward-looking statements as a result of certain factors detailed in the Companys filings with the SEC. All subsequent written or oral forward-looking statements attributable to the Company or persons acting on the Companys behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Companys registration statement and final prospectus relating to the Companys initial public offering filed with the SEC and Item 1A. Risk Factors of the Form 10-Q. Copies are available on the SECs website at www.sec.gov. The Company undertakes no obligation to update such forward-looking statements for revisions or changes after the date of this press release, except as required by applicable law.
Altimar Acquisition Corp. III
HPS Investment Partners, LLC
Mike Geller / Josh Clarkson
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