Forefront Tech Holdings Acquisition Corp Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing June 22, 2026

Forefront Tech Holdings Acquisition Corp (NASDAQ: FTHAU) announced that starting June 22, 2026, holders of its IPO units may separately trade the Class A ordinary shares and warrants.

Rhea-AI Summary

Forefront Tech Holdings Acquisition Corp (NASDAQ: FTHAU) announced that starting June 22, 2026, holders of its IPO units may separately trade the Class A ordinary shares and warrants.

Each unit includes one Class A share and one-half redeemable warrant; whole warrants (exercise price $11.50) trade as FTHAW, shares as FTHA, while unsplit units remain FTHAU.

Positive

• Separate trading of Class A shares and warrants begins June 22, 2026
• Defined warrant exercise price of $11.50 per Class A ordinary share
• Distinct Nasdaq tickers for shares (FTHA), warrants (FTHAW), and units (FTHAU)

Negative

• None.

Key Figures

Warrant exercise price: $11.50 per share Unit composition: 1 Class A share + 0.5 redeemable warrant Separate trading start date: June 22, 2026

Warrant exercise price

$11.50 per share

Each whole warrant to purchase one Class A ordinary share

Unit composition

1 Class A share + 0.5 redeemable warrant

Structure of FTHAU units in IPO

Separate trading start date

June 22, 2026

Date Class A shares and warrants begin trading separately

Key Terms

redeemable warrant, initial public offering, transfer agent, prospectus

4 terms

redeemable warrant financial

"Each Unit consists of one Class A ordinary share and one-half of one redeemable warrant."

A redeemable warrant is a financial tool that gives its holder the right to buy shares of a company at a fixed price within a certain period. If the holder chooses to do so, the company can buy back or cancel the warrant before it expires, often to encourage investment or manage share issuance. For investors, it provides an option to potentially buy shares at a favorable price while offering some flexibility for the issuing company.

initial public offering financial

"holders of the units sold in its initial public offering (the “Units”) may elect to separately trade"

An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.

transfer agent financial

"have their brokers contact Odyssey Transfer and Trust Company, the Company’s transfer agent, in order to separate"

A transfer agent is a financial service that keeps the official record of who owns a company's shares, handles the buying and selling of those shares on paper or electronically, and issues or cancels stock certificates. Think of it as the company’s records keeper and mailroom combined—investors rely on it to make sure dividends, shareholder mailings, ownership changes, and proxy voting are processed accurately and securely, which protects ownership rights and helps prevent errors or fraud.

prospectus regulatory

"The offering was made only by means of a prospectus, copies of which may be obtained from BTIG, LLC"

A prospectus is a detailed document that explains a company's plans for offering new shares or investments to the public. It’s important because it provides potential investors with key information about the company’s business, risks, and how they might make money, helping them decide whether to invest. Think of it as a guidebook for understanding what you're buying into.

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

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GRAND CAYMAN, CAYMAN ISLANDS, June 18, 2026 (GLOBE NEWSWIRE) -- Forefront Tech Holdings Acquisition Corp (NASDAQ: FTHAU) (the “Company”) today announced that commencing June 22, 2026, holders of the units sold in its initial public offering (the “Units”) may elect to separately trade the Class A ordinary shares and warrants included in the Units. Each Unit consists of one Class A ordinary share and one-half of one redeemable warrant. No fractional warrants will be issued upon separation of the Units and only whole warrants will trade. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share. Only whole warrants are exercisable.

The Class A ordinary shares and warrants that are separated will trade on the Global Market tier of The Nasdaq Stock Market LLC (“Nasdaq”) under the symbols “FTHA” and “FTHAW”, respectively. Those Units not separated will continue to trade on the Nasdaq under the symbol “FTHAU”. Holders of the Units will need to have their brokers contact Odyssey Transfer and Trust Company, the Company’s transfer agent, in order to separate the Units into Class A ordinary shares and warrants.

The offering was made only by means of a prospectus, copies of which may be obtained from BTIG, LLC, Attention: 65 East 55th Street, New York, New York 10022, or by email at ProspectusDelivery@btig.com, or by accessing the SEC’s website, www.sec.gov.

This press release shall not constitute an offer to sell or a 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 Forefront Tech Holdings Acquisition Corp

The Company is a blank check company incorporated as an exempted company under the laws of the Cayman Islands, which will seek to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. While it may pursue an acquisition opportunity in any business, industry, sector or geographical location, it intends to focus on target businesses in the technology sector (with an emphasis on blockchain-enabled artificial intelligence, digital trade identities and robotics). The Company expects to focus on platforms serving Southeast Asia nations and the region’s cross-border corridors. Next Lion Sponsor Holdings LLC is the Company’s sponsor.

Forward-Looking Statements

This press release includes forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based. No assurance can be given that the offering discussed above will be completed on the terms described, or at all. 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 Registration Statement and related preliminary prospectus filed in connection with the initial public offering with the SEC. Copies are available on the SEC’s website, www.sec.gov.

Contact:
Forefront Tech Holdings Acquisition Corp
Suite 210, 2nd Floor, Windward III, Regatta Office Park, PO Box 500
Grand Cayman, Cayman Islands, KY1-1106
Telephone: +1 (302) 406-3060

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When will Forefront Tech Holdings Acquisition Corp (NASDAQ: FTHAU) units begin separate trading?

Separate trading of FTHAU unit components begins on June 22, 2026. According to the company, holders can then trade Class A ordinary shares and warrants independently, instead of only as bundled units from the initial public offering.

What does each Forefront Tech Holdings (FTHAU) unit consist of after the IPO?

Each FTHAU unit consists of one Class A ordinary share and one-half of one redeemable warrant. According to the company, only whole warrants are exercisable and tradeable, so investors must hold or combine halves to form whole warrants.

What are the new Nasdaq ticker symbols for Forefront Tech Holdings Class A shares and warrants?

Forefront Tech Holdings Class A ordinary shares will trade under FTHA and warrants under FTHAW. According to the company, units that are not separated will continue to trade on Nasdaq under the original FTHAU ticker symbol.

What is the exercise price of Forefront Tech Holdings (FTHAW) warrants?

Each whole Forefront Tech Holdings warrant entitles the holder to buy one Class A share at $11.50. According to the company, only whole warrants are exercisable, providing a fixed purchase price reference for potential future share acquisitions.

How can FTHAU unit holders separate Class A shares and warrants for trading?

FTHAU unit holders must instruct their brokers to contact Odyssey Transfer and Trust Company to separate units. According to the company, once processed, Class A ordinary shares and warrants trade separately as FTHA and FTHAW on Nasdaq.