NYSE to commence delisting proceedings against Getaround

New York Stock Exchange announced that the staff of NYSE Regulation has determined to commence proceedings to delist the common stock of Getaround, Inc from the NYSE. Trading in the Company’s common stock will be suspended immediately. NYSE Regulation reached its decision to delist the Company’s common stock pursuant to Section 802.01B of the NYSE’s Listed Company Manual because the Company had fallen below the NYSE’s continued listing standard requiring listed companies to maintain an average global market capitalization over a consecutive 30 trading day period of at least $15,000,000.