Freedom Metals Acquisition Corp. Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing August 4, 2026

Rhea-AI Summary

Freedom Metals Acquisition Corp. (Nasdaq: FDMMU) announced that, starting August 4, 2026, holders of its IPO units may elect to separately trade the Class A ordinary shares and redeemable warrants contained in each unit. Each unit currently consists of one Class A ordinary share, par value $0.0001, and one‑third of one redeemable warrant.

According to Freedom Metals Acquisition Corp, each whole warrant entitles the holder to purchase one Class A ordinary share at $11.50 per share. No fractional warrants will be issued upon separation, and only whole warrants will trade. After separation, the Class A ordinary shares are expected to trade on the Nasdaq Global Market under the symbol “FDMM”, the warrants under “FDMMW”, and the combined units that are not separated will continue to trade under “FDMMU”. The company reiterates that this announcement does not constitute an offer to sell or a solicitation to buy its securities.

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Miami, FL, Aug. 03, 2026 (GLOBE NEWSWIRE) -- Freedom Metals Acquisition Corp. (Nasdaq: FDMMU) (the “Company”) announced today that, commencing August 4, 2026, the holders of the units issued in the Company’s initial public offering (the “Units”), each consisting of one Class A ordinary share of the Company, par value $0.0001 per share (the “Class A Ordinary Shares”), and one-third of one redeemable warrant of the Company (each, a “Warrant”), with each whole Warrant entitling the holder thereof to purchase one Class A Ordinary Share for $11.50 per share, may elect to separately trade the Class A Ordinary Shares and the 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 the Warrants are expected to trade on the Nasdaq Global Market under the symbols “FDMM” and “FDMMW,” respectively. Units not separated will continue to trade on the Nasdaq Global Market under the symbol “FDMMU.”

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 Freedom Metals Acquisition Corp.

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 acquisition opportunity in any business or industry or at any stage of its corporate evolution but is focused on completing a business combination with an attractive target business within the mining and critical minerals industry.

The Company’s management team is led by Peter Finan, its Chief Executive Officer, and Martin Zinny, its Chief Financial Officer. The Board also includes Bronwyn Barnes (Chairwoman), Dean Callas, Hugh Callaghan, Quinton Hennigh, and Michael Porter.

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

Freedom Metals Acquisition Corp.
Peter Finan, Chief Executive Officer
peter@fmacquisitioncorp.com

FAQ

When will Freedom Metals Acquisition Corp. (Nasdaq: FDMMU) units begin separate trading?

Freedom Metals Acquisition Corp. units will begin separate trading on August 4, 2026. According to Freedom Metals Acquisition Corp, from that date unit holders may elect to trade Class A ordinary shares and redeemable warrants separately, while units that are not separated will continue trading under the FDMMU ticker.

What does each FDMMU unit of Freedom Metals Acquisition Corp. consist of?

Each FDMMU unit consists of one Class A ordinary share and one-third of one redeemable warrant. According to Freedom Metals Acquisition Corp, each whole warrant allows the purchase of one Class A ordinary share at $11.50, but no fractional warrants will be issued or traded.

What are the new Nasdaq ticker symbols FDMM and FDMMW for Freedom Metals Acquisition Corp.?

The symbol FDMM will represent Class A ordinary shares and FDMMW will represent redeemable warrants. According to Freedom Metals Acquisition Corp, units that remain combined will continue trading on the Nasdaq Global Market under the existing ticker FDMMU after separate trading begins.

What is the exercise price of the Freedom Metals Acquisition Corp. (FDMMW) warrants?

Each whole warrant has an exercise price of $11.50 per Class A ordinary share. According to Freedom Metals Acquisition Corp, one whole warrant is created from three unit fractions, and no fractional warrants will be issued or listed when units separate for trading.

Does the Freedom Metals Acquisition Corp. FDMMU trading update constitute an offer to sell securities?

No, the trading update does not constitute an offer to sell or a solicitation to buy securities. According to Freedom Metals Acquisition Corp, any sale would require proper registration or qualification under applicable state or jurisdictional securities laws before becoming lawful.

What type of company is Freedom Metals Acquisition Corp. (FDMMU) and what sector is it targeting?

Freedom Metals Acquisition Corp. is a blank check company formed to pursue a business combination. According to Freedom Metals Acquisition Corp, it may consider any industry but is focused on acquiring an attractive business within the mining and critical minerals sector.