Ribbon Acquisition Corp Announces the Separate Trading of its Ordinary Shares and Rights
Ribbon Acquisition Corp (NASDAQ: RIBBU) has announced that holders of its 5,000,000 units from the initial public offering can now separately trade the ordinary shares and rights included in these units, effective March 7, 2025.
The units will continue trading on the Nasdaq Capital Market under the symbol 'RIBBU', while the separated components will trade under 'RIBB' for ordinary shares and 'RIBBR' for rights. Unit holders seeking to separate their units must have their brokers contact Odyssey Trust Company, the company's transfer agent.
Ribbon Acquisition Corp (NASDAQ: RIBBU) ha annunciato che i detentori delle sue 5.000.000 di unità provenienti dall'offerta pubblica iniziale possono ora negoziare separatamente le azioni ordinarie e i diritti inclusi in queste unità, a partire dal 7 marzo 2025.
Le unità continueranno a essere scambiate sul Nasdaq Capital Market con il simbolo 'RIBBU', mentre i componenti separati verranno scambiati con 'RIBB' per le azioni ordinarie e 'RIBBR' per i diritti. I detentori di unità che desiderano separare le loro unità devono chiedere ai loro broker di contattare Odyssey Trust Company, l'agente di trasferimento della società.
Ribbon Acquisition Corp (NASDAQ: RIBBU) ha anunciado que los titulares de sus 5.000.000 de unidades de la oferta pública inicial ahora pueden negociar por separado las acciones ordinarias y los derechos incluidos en estas unidades, a partir del 7 de marzo de 2025.
Las unidades seguirán negociándose en el Nasdaq Capital Market bajo el símbolo 'RIBBU', mientras que los componentes separados se negociarán bajo 'RIBB' para acciones ordinarias y 'RIBBR' para derechos. Los titulares de unidades que deseen separar sus unidades deben pedir a sus corredores que se pongan en contacto con Odyssey Trust Company, el agente de transferencia de la compañía.
Ribbon Acquisition Corp (NASDAQ: RIBBU)는 초기 공모에서 발행된 5,000,000개의 유닛 보유자가 이제 이 유닛에 포함된 보통주와 권리를 별도로 거래할 수 있다고 발표했습니다. 이는 2025년 3월 7일부터 유효합니다.
유닛은 'RIBBU' 기호로 Nasdaq Capital Market에서 계속 거래되며, 분리된 구성 요소는 보통주에 대해 'RIBB', 권리에 대해 'RIBBR'로 거래됩니다. 유닛 보유자는 유닛을 분리하고자 할 경우, 브로커에게 Odyssey Trust Company에 연락하도록 요청해야 합니다.
Ribbon Acquisition Corp (NASDAQ: RIBBU) a annoncé que les détenteurs de ses 5.000.000 d'unités issues de l'offre publique initiale peuvent désormais négocier séparément les actions ordinaires et les droits inclus dans ces unités, à partir du 7 mars 2025.
Les unités continueront d'être négociées sur le Nasdaq Capital Market sous le symbole 'RIBBU', tandis que les composants séparés seront négociés sous 'RIBB' pour les actions ordinaires et 'RIBBR' pour les droits. Les détenteurs d'unités souhaitant séparer leurs unités doivent demander à leurs courtiers de contacter Odyssey Trust Company, l'agent de transfert de la société.
Ribbon Acquisition Corp (NASDAQ: RIBBU) hat angekündigt, dass Inhaber ihrer 5.000.000 Einheiten aus dem Börsengang nun die darin enthaltenen Stammaktien und Rechte separat handeln können, ab dem 7. März 2025.
Die Einheiten werden weiterhin unter dem Symbol 'RIBBU' am Nasdaq Capital Market gehandelt, während die separaten Komponenten unter 'RIBB' für Stammaktien und 'RIBBR' für Rechte gehandelt werden. Einheiteninhaber, die ihre Einheiten trennen möchten, müssen ihre Broker bitten, Odyssey Trust Company, den Übertragungsagenten des Unternehmens, zu kontaktieren.
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New York, New York, March 13, 2025 (GLOBE NEWSWIRE) -- Ribbon Acquisition Corp (NASDAQ: RIBBU) (the “Company”) announced that, holders of the 5,000,000 units sold in the Company’s initial public offering may elect to separately trade the ordinary shares and rights included in the units, with such trading having commenced on March 7, 2025. Any units not separated will continue to trade on the Nasdaq Capital Market (the “Nasdaq”) under the symbol “RIBBU,” and the separated ordinary shares and rights are expected to trade on the Nasdaq under the symbols “RIBB” and “RIBBR,” respectively. Unitholders will need to have their brokers contact Odyssey Trust Company, the Company’s transfer agent, in order to separate the units into ordinary shares and rights.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, 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 Ribbon Acquisition Corp
Ribbon Acquisition Corp is a blank check company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.
The Company is led by Mr. Angshuman (Bubai) Ghosh, the Company’s Chief Executive Officer, and Ms. Zhiyang (Anna) Zhou, the Company’s Chief Financial Officer.
Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements,” including with respect to the separation and trading of the Company’s securities and search for an initial business combination. 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 preliminary prospectus for the IPO filed with the SEC. Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Contact:
Ribbon Acquisition Corp
Anna Zhou
Chief Financial Officer
Email: anna.zhou@ribbonacquisitioncorp.com
FAQ
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