Figure Acquisition Corp. I, a blank check company affiliated with fintech Figure Technologies that planned to merge with a mortgage bank, will be delisted from the New York Stock Exchange. Figure’s plan to go public through a SPAC has been scrapped with the NYSE’s decision.

The NYSE notified Figure on December 19 that it is “determined to commence proceedings to delist the company’s warrants from the NYSE and that trading in the company’s warrants would be suspended immediately,” according to a 8-K filing by Figure on Monday. 

Trading price levels on the warrants were out of compliance with details ⇒

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