CAPITOL ACQUISITION CORP. III (NASDAQ:CLAC) Files An 8-K Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing

Item 3.01. Notice of Delisting or Failure to Satisfy a Continued
Listing Rule or Standard.

On January 3, 2017, Capitol Acquisition Corp. III (the
Company) received a notice from the Listing Qualifications
Department of The Nasdaq Stock Market (Nasdaq) stating
that the Company failed to hold an annual meeting of stockholders
within 12 months after its fiscal year ended December 31, 2015,
as required by Nasdaq Listing Rules 5620(a) and 5810(c)(2)(G).
The Company will submit a plan to regain compliance to the
procedures set forth in the Nasdaq Listing Rules no later than
February 17, 2017. While the plan is pending, the Companys
securities will continue to trade on Nasdaq.

CAPITOL ACQUISITION CORP. III (NASDAQ:CLAC) Recent Trading Information

CAPITOL ACQUISITION CORP. III (NASDAQ:CLAC) closed its last trading session up +0.05 at 10.00 with 100,000 shares trading hands.