Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or
Standard; Transfer of Listing.
On January 9, 2023, Senior Connect Acquisition Corp. I (the "Company") received
a notice from The Nasdaq Stock Market LLC ("Nasdaq") indicating that the Company
was deficient in meeting the requirements of Listing Rule 5620(a), which
requires the Company to hold an annual meeting of shareholders no later than one
year after the end of the Company's 2021 fiscal year-end. In accordance with
Nasdaq Listing Rule 5810(c)(2)(G), the Company has 45 calendar days (or until
February 23, 2023) to submit a plan to regain compliance and, if Nasdaq accepts
the plan, Nasdaq may grant the Company up to 180 calendar days from its fiscal
year end, or until June 29, 2023, to regain compliance. The Company intends to
submit a compliance plan within the specified period. While the plan is pending,
the Company's securities will continue to trade on Nasdaq.
Forward-Looking Statements
The disclosure herein includes certain statements that are not historical facts
but are forward-looking statements for purposes of the safe harbor provisions
under the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking
statements generally are accompanied by words such as "believe," "may," "will,"
"estimate," "continue," "anticipate," "intend," "expect," "should," "would,"
"plan," "predict," "potential," "seem," "seek," "future," "outlook," and similar
expressions that predict or indicate future events or trends or that are not
statements of historical matters. These forward-looking statements include, but
are not limited to, the Company's submission of a compliance plan with Nasdaq
and regaining compliance with the requirements of Listing Rule 5620(a). These
statements are based on various assumptions and on the current expectations of
the Company's management and are not predictions of actual performance. These
forward-looking statements are provided for illustrative purposes only and are
not intended to serve as, and must not be relied on by any investor as, a
guarantee, an assurance, a prediction or a definitive statement of fact or
probability. Actual events and circumstances are difficult or impossible to
predict and will differ from assumptions. Many actual events and circumstances
are beyond the control of the Company. These forward- looking statements are
subject to a number of risks and uncertainties, including: the risk that the
Company is unable to submit a compliance plan to Nasdaq within the specified
period, or that the compliance plan is not accepted by Nasdaq; those factors
discussed in the Company's Annual Report on Form 10-K for the fiscal year ended
December 31, 2021 under the heading "Risk Factors," and other documents of the
Company filed, or to be filed, with the SEC. If the risks materialize or
assumptions prove incorrect, actual results could differ materially from the
results implied by these forward-looking statements. There may be additional
risks that the Company presently does not know or that the Company currently
believes are immaterial that could also cause actual results to differ from
those contained in the forward-looking statements. In addition, forward-looking
statements reflect the Company's expectations, plans or forecasts of future
events and views as of the date hereof. The Company anticipates that subsequent
events and developments will cause the Company's assessments to change. However,
while the Company may elect to update these forward-looking statements at some
point in the future, the Company specifically disclaims any obligation to do so.
These forward-looking statements should not be relied upon as representing the
Company's assessments as of any date subsequent to the date of this disclosure
statement. Accordingly, undue reliance should not be placed upon the
forward-looking statements.
1
© Edgar Online, source Glimpses
SENIOR CONNECT ACQUISITION CORP. I 
