Corporate ActionJul 1, 2026, 04:21 PM
FortuneX Acquisition Corp Units Separate Trading
AI Summary
FortuneX Acquisition Corporation announced that holders of its units may elect to separately trade the ordinary shares and warrants included in the units, commencing on or about July 1, 2026. Unseparated units will continue to trade under "FXACU", while separated ordinary shares and warrants will trade under "FXAC" and "FXACW" respectively. Brokers will need to contact Continental Stock Transfer & Trust Company to facilitate the separation.
Key Highlights
- FortuneX Acquisition Corp units can now be separated into ordinary shares and warrants.
- Separated ordinary shares will trade on Nasdaq Global Market under the symbol "FXAC".
- Separated warrants will trade on Nasdaq Global Market under the symbol "FXACW".
- Units not separated will continue to trade on Nasdaq Global Market under the symbol "FXACU".
- Holders must contact their brokers to separate units via Continental Stock Transfer & Trust Company.
- Each unit consists of one ordinary share and one redeemable warrant.
- Each whole warrant entitles the holder to purchase one ordinary share at an exercise price of $11.50.
Price Impact
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