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Colombier Acquisition Corp. III Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing March 27, 2026

(Neutral)

Colombier Acquisition Corp. III (NYSE: CLBR) announced that, beginning March 27, 2026, holders of units from its IPO may elect to separately trade Class A ordinary shares and warrants.

Separated Class A shares will trade as CLBR, warrants as CLBR WS, and remaining unsplit units will continue trading as CLBR U. No fractional warrants will be issued upon separation.

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Positive

  • Separate trading of Class A shares and warrants begins March 27, 2026
  • Clear NYSE symbols assigned: CLBR (shares), CLBR WS (warrants), CLBR U (unsplit units)
  • No fractional warrants policy simplifies post-separation instrument structure

Negative

  • Units remain tradable as CLBR U if not separated, creating dual‑instrument liquidity
  • No fractional warrants means holders will not receive fractional warrant interests upon split

AI-generated analysis. How Rhea-AI works. Not financial advice.

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New York, NY, March 25, 2026 (GLOBE NEWSWIRE) -- Colombier Acquisition Corp. III (NYSE: CLBR U) (the “Company”) announced today that, commencing March 27, 2026, 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 warrants included in the units. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. The Class A ordinary shares and warrants that are separated will trade on the New York Stock Exchange under the symbols “CLBR” and “CLBR WS,” respectively. Those units not separated will continue to trade on the New York Stock Exchange under the symbol “CLBR U.”

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 Colombier Acquisition Corp. III

The Company 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 initial business combination in any business or industry but expects to focus on a target in an industry where it believes its management team and founder’s expertise will provide it with a competitive advantage.

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 iled 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.




Contact: jordan@fvrpartners.com

FAQ

When will Colombier Acquisition Corp. III (CLBR) allow separate trading of shares and warrants?

Separate trading begins on March 27, 2026. According to the company, holders of IPO units may elect to split units and trade Class A shares and warrants separately on that date.

What trading symbols will CLBR use after the unit separation on March 27, 2026?

After separation, Class A ordinary shares will trade as CLBR and warrants as CLBR WS. According to the company, unsplit units will continue trading as CLBR U.

Will fractional warrants be issued when CLBR units are separated on March 27, 2026?

No, fractional warrants will not be issued upon separation. According to the company, only whole warrants will trade after units are split.

If I do not elect to separate my CLBR units, what happens after March 27, 2026?

Units not separated will continue to trade under CLBR U. According to the company, holders may keep units intact and trade them under the existing unit symbol.

How does the CLBR unit separation affect where shareholders trade their instruments on the NYSE?

After separation, shares and warrants will trade separately under distinct NYSE symbols. According to the company, this creates separate listings for CLBR, CLBR WS, and remaining CLBR U units.