Market Technology Acquisition Corp (MTAK) will allow separate trading of its Class A ordinary shares and warrants beginning September 17, 2026, for holders of units from its initial public offering.
From that date, investors who hold units may elect to divide them into individual Class A ordinary shares and warrants. The separated Class A ordinary shares will trade on the Nasdaq Global Market under the symbol “MTAK”, and the separated warrants will trade under the symbol “MTAKW”. Units that are not separated will continue to trade under the existing symbol “MTAKU”.
No fractional warrants will be issued upon separation and only whole warrants will trade. To separate units into Class A ordinary shares and warrants, holders must have their brokers contact Continental Stock Transfer & Trust Company, the company’s transfer agent.
Market Technology Acquisition (Nasdaq: MTAKU / expected MTAK) closed its initial public offering of 20,500,000 units, including 500,000 units from the partial exercise of the underwriters’ over-allotment option, at $10.00 per unit, for $205,000,000 in gross proceeds.
The units began trading on the Nasdaq Global Market on July 24, 2026 under the symbol MTAKU. Each unit comprises one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant exercisable for one Class A share at $11.50. Only whole warrants will trade. Once separated, the shares and warrants are expected to trade on Nasdaq under MTAK and MTAKW, respectively. According to Market Technology Acquisition, net proceeds from the IPO and simultaneous private placements will be used to complete its initial business combination and for post-offering working capital.
Market Technology Acquisition Corp (Nasdaq: MTAKU/MTAK), a Cayman Islands special purpose acquisition company, priced its initial public offering of 20,000,000 units at $10.00 per unit, representing a base offering size of $200 million. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant exercisable to purchase one Class A ordinary share at $11.50 per share.
The units are expected to begin trading on the Nasdaq Global Market under the symbol MTAKU on July 24, 2026. Following separation, the Class A ordinary shares and warrants are expected to trade under MTAK and MTAKW, respectively. According to Market Technology Acquisition Corp, BTIG is the sole book-running manager, and the underwriter holds a 45-day option to buy up to 3,000,000 additional units at the IPO price to cover over-allotments. Closing is expected on July 27, 2026, subject to customary conditions.