Peace Acquisition Corp (Nasdaq: PECE) announced that, starting on or about June 4, 2026, holders of its IPO units may separately trade the underlying ordinary shares, rights and warrants.
The separated securities will trade on Nasdaq as PECE (shares), PECER (rights) and PECEW (warrants), while unsplit units remain PECEU.
Peace Acquisition Corp (Nasdaq:PECEU) closed its $60,000,000 initial public offering of 6,000,000 units at $10.00 per unit. Each unit includes one ordinary share, one right for one fifth of a share, and one warrant exercisable at $11.50.
$60,300,000 of IPO and private placement proceeds was placed in trust. The blank check company, a Cayman exempt entity, targets a business combination with companies in Asia, excluding Mainland China, Hong Kong and Macau. Underwriters have a 45-day option for 900,000 additional units.
Peace Acquisition Corp (Nasdaq: PECEU) priced its $60 million IPO of 6,000,000 units at $10.00 per unit. Trading on the Nasdaq Capital Market begins May 22, 2026.
Each unit includes one ordinary share, one right for one fifth share, and one warrant at $11.50, plus a 45-day over-allotment option of 900,000 units.