STOCK TITAN

Bleichroeder Acquisition Corp. I Announces the Separate Trading of its Class A Ordinary Shares and Rights, Commencing December 2, 2024

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Neutral)

Bleichroeder Acquisition Corp. I (Nasdaq: BACQU) has announced that starting December 2, 2024, investors who hold units from the company's initial public offering can choose to trade Class A ordinary shares and rights separately. The separated components will trade on the Nasdaq Global Market under the symbols 'BACQ' for Class A ordinary shares and 'BACQR' for rights. Units that remain combined will continue trading under 'BACQU'. The announcement includes a disclaimer regarding securities sales restrictions in certain jurisdictions.

Bleichroeder Acquisition Corp. I (Nasdaq: BACQU) ha annunciato che a partire dal 2 dicembre 2024, gli investitori che detengono unità dall'offerta pubblica iniziale della società potranno scegliere di scambiare separatamente le azioni ordinarie di Classe A e i diritti. I componenti separati saranno scambiati sul Nasdaq Global Market con i simboli 'BACQ' per le azioni ordinarie di Classe A e 'BACQR' per i diritti. Le unità che rimarranno combinate continueranno a essere scambiate sotto 'BACQU'. L'annuncio include un disclaimer riguardo alle restrizioni sulle vendite di titoli in alcune giurisdizioni.

Bleichroeder Acquisition Corp. I (Nasdaq: BACQU) ha anunciado que a partir del 2 de diciembre de 2024, los inversores que posean unidades de la oferta pública inicial de la compañía podrán elegir negociar por separado las acciones ordinarias de Clase A y los derechos. Los componentes separados se negociarán en el Nasdaq Global Market con los símbolos 'BACQ' para las acciones ordinarias de Clase A y 'BACQR' para los derechos. Las unidades que permanezcan combinadas continuarán negociándose bajo 'BACQU'. El anuncio incluye un aviso sobre las restricciones de venta de valores en ciertas jurisdicciones.

Bleichroeder Acquisition Corp. I (Nasdaq: BACQU)는 2024년 12월 2일부터 회사의 초기 공모에서 유닛을 보유한 투자자들이 A 클래스 보통주와 권리를 별도로 거래할 수 있도록 선택할 수 있음을 발표했습니다. 분리된 구성 요소는 Nasdaq Global Market에서 A 클래스 보통주의 경우 'BACQ' 기호로, 권리의 경우 'BACQR' 기호로 거래됩니다. 결합된 상태로 남아 있는 유닛은 계속해서 'BACQU'로 거래됩니다. 이 발표에는 특정 관할권에서의 증권 판매 제한 사항에 대한 면책 조항이 포함되어 있습니다.

Bleichroeder Acquisition Corp. I (Nasdaq: BACQU) a annoncé qu'à partir du 2 décembre 2024, les investisseurs détenant des unités de l'introduction en bourse de l'entreprise pourront choisir de négocier séparément des actions ordinaires de Classe A et des droits. Les composants séparés seront négociés sur le Nasdaq Global Market sous les symboles 'BACQ' pour les actions ordinaires de Classe A et 'BACQR' pour les droits. Les unités qui resteront combinées continueront d'être négociées sous 'BACQU'. L'annonce comprend un avis concernant les restrictions de vente de titres dans certaines juridictions.

Bleichroeder Acquisition Corp. I (Nasdaq: BACQU) hat angekündigt, dass ab dem 2. Dezember 2024 Anleger, die Einheiten aus dem Börsengang des Unternehmens halten, wählen können, ob sie die Stammaktien der Klasse A und die Rechte separat handeln möchten. Die getrennten Komponenten werden an der Nasdaq Global Market unter den Symbolen 'BACQ' für die Stammaktien der Klasse A und 'BACQR' für die Rechte gehandelt. Kombinierte Einheiten werden weiterhin unter 'BACQU' gehandelt. Die Ankündigung enthält einen Haftungsausschluss bezüglich des Verkaufs von Wertpapieren in bestimmten Gerichtsbarkeiten.

Positive
  • None.
Negative
  • None.

New York, NY, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Bleichroeder Acquisition Corp. I (Nasdaq: BACQU) (the “Company”) announced today that, commencing December 2, 2024, holders of the units sold in the Company’s initial public offering may elect to separately trade the Company’s Class A ordinary shares and rights included in the units. The Class A ordinary shares and rights that are separated will trade on the Nasdaq Global Market under the symbols “BACQ” and “BACQR,” respectively. Those units not separated will continue to trade on the Nasdaq Global Market under the symbol “BACQU.”

This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities of the Company, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Bleichroeder Acquisition Corp. I

Bleichroeder Acquisition Corp. I is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company may pursue an acquisition opportunity in any business or industry. The Company’s primary focus, however, will be on businesses in the technology, media and telecommunications (“TMT”) sector as well as sectors that are being transformed via technology adoption.

Forward-Looking Statements

This press release may include, and oral statements made from time to time by representatives of the Company may include, “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements regarding possible business combinations and the financing thereof, and related matters, as well as all other statements other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company’s management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company’s filings with the Securities and Exchange Commission (“SEC”). All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and prospectus for the Company’s initial public offering filed with the SEC. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Company contact:

Bleichroeder Acquisition Corp. I
1345 Avenue of the Americas, 47th Floor
New York, NY 10105
Attn: Robert Folino
(o) 212.984.3835
robert.folino@bspac1.com


FAQ

When will Bleichroeder Acquisition Corp. I (BACQU) begin separate trading of shares and rights?

Bleichroeder Acquisition Corp. I will begin separate trading of its Class A ordinary shares and rights on December 2, 2024.

What are the new trading symbols for Bleichroeder Acquisition Corp. I's separated securities?

The separated securities will trade under BACQ for Class A ordinary shares and BACQR for rights on the Nasdaq Global Market.

Will Bleichroeder Acquisition Corp. I's original units continue trading after the separation?

Yes, unseparated units will continue trading on the Nasdaq Global Market under the symbol BACQU.

What exchange will Bleichroeder Acquisition Corp. I's separated securities trade on?

The separated securities will trade on the Nasdaq Global Market.

Bleichroeder Acquisition Corp. I Unit

NASDAQ:BACQU

BACQU Rankings

BACQU Latest News

BACQU Stock Data

25.43M
Blank Checks
United States of America
NEW YORK