Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or
Standard; Transfer of Listing.
On January 3, 2023, the New York Stock Exchange (the "NYSE") notified Jackson
Acquisition Company (the "Company"), and publicly announced, that the NYSE had
determined that the Company's warrants, each warrant exercisable for one share
of Class A Common Stock of the Company (the "Warrants"), are no longer suitable
for listing on the NYSE due to trading price levels, pursuant to Section 802.01D
of the NYSE Listed Company Manual. As a result, the NYSE has determined to
commence proceedings to delist the Warrants from the NYSE.
The Company has a right to a review of this determination by a Committee of the
Board of Directors of the NYSE. The NYSE will apply to the Securities and
Exchange Commission to delist the Warrants upon completion of all applicable
procedures, including any appeal by the Company of the NYSE's decision. The
Company does not currently intend to appeal the determination.
Trading in the Warrants on the NYSE was suspended immediately. Trading in the
Company's Class A Common Stock and Units will continue on the NYSE.
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