Northern Star Investment Corp. II

NSTB

Market cap $122M

Holders of Public Shares to be paid Trust Fund Distribution and Retain Shares New York, New York, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Northern Star Investment Corp. II (the “Company”) today announced that, because it will not be able to consummate an initial business combination as described in the Company's amended and restated certificate of incorporation (“Charter”) by the current January 28, 2024 deadline, it has determined to commence the process of liquidating the trust account established in connection with the Company's initial public offering (“IPO”) and distributing funds to holders of the Company's shares of Class A Common Stock sold in the IPO (the “Public Shares”). Additionally, as the Company has not consummated an initial business combination by the January 28, 2024 deadline, the Company expects the NYSE American to take delisting action with regard to the Company's securities.

New York, New York, Jan. 10, 2024 (GLOBE NEWSWIRE) -- Northern Star Investment Corp. II (NYSE American: NSTB) (the “Company”), announced today that the New York Stock Exchange Regulation, Inc., by letter dated January 5, 2024, notified the Company that it was not in compliance with NYSE American's continued listing standards because the audit committee of the Company's board of directors is no longer comprised of at least two independent members and does not have at least one member with the requisite financial sophistication. This noncompliance was caused by the December 19, 2023 resignation of two independent directors from the board, who each served on the audit committee and one of whom was the designated financially sophisticated audit committee member. The resignations were not the result of any disagreement with the Company on any matter relating to the Company's operations, policies or practices.

NEW YORK--(BUSINESS WIRE)--NYSE American LLC (“NYSE American” or the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the redeemable warrants of Northern Star Investment Corp. II (the “Company”), each whole warrant exercisable for shares of Class A common stock at an exercise price of $11.50 per share — ticker symbol NSTB WS — from the NYSE American. Trading in the Company's warrants will be suspended immediately. Trading in the Comp.