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Southern Cross Units to Split Into Shares, Warrants and Rights
Starting Oct. 8, holders of 7,652,630 units may elect to trade the included securities separately on Nasdaq.
Key takeaways
- Separate trading is set to begin Oct. 8.
- Unseparated units will continue trading under SCATU.
Southern Cross Acquisition II Corp. said holders of 7,652,630 units may begin trading the included ordinary shares, warrants and rights separately on Oct. 8.
Units that remain intact will continue trading on Nasdaq under SCATU. The separated ordinary shares, warrants and rights will trade under SCAT, SCATW and SCATR, respectively.
To separate their units, holders must ask their brokers to contact the company’s transfer agent, VStock Transfer, LLC.
Topics
SCATSCATUSCATWSCATR
Further reading
This article was produced with the help of AI technology. Source: Yahoo Finance
