UY Scuti Acquisition Corp. Announces the Separate Trading of its Ordinary Shares and Rights
UY Scuti Acquisition Corp. (Nasdaq: UYSCU) announced that starting May 27, 2025, holders of its 5,750,000 units can begin separate trading of the underlying securities. Each unit consists of one ordinary share (par value $0.0001) and one right to receive one-fifth of a share upon completing an initial business combination. The separated components will trade under symbols "UYSC" (shares) and "UYSCR" (rights) on Nasdaq, while unseparated units continue trading as "UYSCU". The company is a Cayman Islands-based blank check company formed to effect mergers, acquisitions, or similar business combinations. Maxim Group LLC served as the sole book runner for the initial offering.
UY Scuti Acquisition Corp. (Nasdaq: UYSCU) ha annunciato che dal 27 maggio 2025 i possessori delle sue 5.750.000 unità potranno iniziare la negoziazione separata dei titoli sottostanti. Ogni unità è composta da un'azione ordinaria (valore nominale $0,0001) e un diritto a ricevere un quinto di azione al completamento di una combinazione aziendale iniziale. Le componenti separate saranno scambiate con i simboli "UYSC" (azioni) e "UYSCR" (diritti) sul Nasdaq, mentre le unità non separate continueranno a essere negoziate come "UYSCU". La società, con sede nelle Isole Cayman, è una blank check company creata per realizzare fusioni, acquisizioni o combinazioni aziendali simili. Maxim Group LLC ha agito come unico book runner per l'offerta iniziale.
UY Scuti Acquisition Corp. (Nasdaq: UYSCU) anunció que a partir del 27 de mayo de 2025, los titulares de sus 5,750,000 unidades podrán comenzar la negociación separada de los valores subyacentes. Cada unidad consta de una acción ordinaria (valor nominal $0.0001) y un derecho a recibir una quinta parte de una acción al completar una combinación empresarial inicial. Los componentes separados se negociarán bajo los símbolos "UYSC" (acciones) y "UYSCR" (derechos) en Nasdaq, mientras que las unidades no separadas continuarán negociándose como "UYSCU". La empresa, con sede en las Islas Caimán, es una compañía de cheques en blanco creada para efectuar fusiones, adquisiciones o combinaciones empresariales similares. Maxim Group LLC actuó como único book runner de la oferta inicial.
UY Scuti Acquisition Corp. (Nasdaq: UYSCU)는 2025년 5월 27일부터 575만 단위 보유자가 기초 증권을 별도로 거래할 수 있다고 발표했습니다. 각 단위는 보통주 1주(액면가 $0.0001)와 초기 사업 결합 완료 시 1/5주를 받을 권리 1개로 구성됩니다. 분리된 구성 요소는 나스닥에서 "UYSC"(주식)와 "UYSCR"(권리) 심볼로 거래되며, 분리되지 않은 단위는 "UYSCU"로 계속 거래됩니다. 이 회사는 케이맨 제도에 본사를 둔 블랭크 체크 회사로, 인수합병 또는 유사한 사업 결합을 목적으로 설립되었습니다. Maxim Group LLC가 초기 공모의 단독 북러너로 참여했습니다.
UY Scuti Acquisition Corp. (Nasdaq : UYSCU) a annoncé qu'à partir du 27 mai 2025, les détenteurs de ses 5 750 000 unités pourront commencer à négocier séparément les titres sous-jacents. Chaque unité se compose d'une action ordinaire (valeur nominale de 0,0001 $) et d'un droit de recevoir un cinquième d'action lors de la réalisation d'une combinaison d'affaires initiale. Les composants séparés seront négociés sous les symboles "UYSC" (actions) et "UYSCR" (droits) sur le Nasdaq, tandis que les unités non séparées continueront à être négociées sous le nom de "UYSCU". La société, basée aux îles Caïmans, est une société à chèque en blanc créée pour réaliser des fusions, acquisitions ou combinaisons d'affaires similaires. Maxim Group LLC a agi en tant que teneur de livre unique pour l'offre initiale.
UY Scuti Acquisition Corp. (Nasdaq: UYSCU) gab bekannt, dass ab dem 27. Mai 2025 Inhaber von 5.750.000 Einheiten mit dem separaten Handel der zugrunde liegenden Wertpapiere beginnen können. Jede Einheit besteht aus einer Stammaktie (Nennwert 0,0001 USD) und einem Recht, nach Abschluss einer ersten Unternehmenszusammenführung ein Fünftel einer Aktie zu erhalten. Die getrennten Komponenten werden unter den Symbolen "UYSC" (Aktien) und "UYSCR" (Rechte) an der Nasdaq gehandelt, während die unveränderten Einheiten weiterhin als "UYSCU" gehandelt werden. Das Unternehmen mit Sitz auf den Cayman Islands ist eine Blankoscheckgesellschaft, die zur Durchführung von Fusionen, Übernahmen oder ähnlichen Unternehmenszusammenschlüssen gegründet wurde. Maxim Group LLC fungierte als alleiniger Bookrunner des Erstangebots.
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The Shares and the Rights that are separated will trade on Nasdaq under the symbols "UYSC" and "UYSCR" respectively. Holders of units will need to have their securities brokers contact Continental Stock Transfer & Trust Company at 1 State Street, 30th Floor,
The Units were initially offered by the Company in an underwritten offering through Maxim Group LLC, which acted as the sole book runner for the offering and as the representative of the underwriters in the offering. A registration statement on form S-1 relating to these securities (Sec File Number 333-284815) was declared effective by the Securities and Exchange Commission on March 31, 2025. Copies of the registration statement can be accessed through the SEC's website at www.sec.gov.
UY Scuti Acquisition Corp.
UY Scuti Acquisition Corp. is a blank check company formed under the laws of the
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, including those with respect to the Company's search for an initial business combination, are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements, including those set forth in the Risk Factors section of the Company's registration statement and final prospectus for the Company's initial public offering filed with the SEC. 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, except as required by law.
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SOURCE UY Scuti Acquisition Corp.
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