Vernal Capital Acquisition Corp. Announces the Separate Trading of its Ordinary Shares and Rights Commencing May 19, 2026

Rhea-AI Summary

Vernal Capital Acquisition (NYSE:VECAU) announced that, starting on or about May 19, 2026, holders of its units may separately trade the underlying ordinary shares (VECA) and rights (VECAR) on the NYSE. Units that are not separated will continue trading under the symbol VECAU.

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New York, May 14, 2026 (GLOBE NEWSWIRE) -- Vernal Capital Acquisition Corp. (NYSE: VECAU) (the “Company”), a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, today announced that holders of the Company’s units may elect to separately trade the ordinary shares and rights included in its units commencing on or about May 19, 2026.

The ordinary shares and rights will trade on the New York Stock Exchange under the symbols “VECA” and “VECAR,” respectively. Units not separated will continue to trade on the New York Stock Exchange under the symbol “VECAU.” Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate the units into ordinary shares and rights.

About Vernal Capital Acquisition Corp.

Vernal Capital Acquisition Corp. is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. The Company’s efforts to identify a prospective target business will not be limited to a particular industry or geographic region.

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.

Contact:

Binghan Yi

Chief Financial Officer

binghan@vernal.com

www.vernalspac.com

FAQ

What did Vernal Capital Acquisition (NYSE: VECA) announce for May 19, 2026?

Vernal Capital Acquisition announced that separate trading of its ordinary shares and rights will begin around May 19, 2026. According to the company, unit holders can elect to split VECAU units into VECA shares and VECAR rights starting on or about that date.

What are the NYSE ticker symbols for Vernal Capital Acquisition shares, rights, and units?

The ordinary shares trade on the NYSE under ticker VECA, and the rights trade under VECAR. According to the company, units that remain combined continue trading under the existing symbol VECAU, giving investors distinct tickers for units, shares, and rights.

How can VECAU unit holders separate their units into VECA shares and VECAR rights?

VECAU holders must ask their brokers to contact Continental Stock Transfer & Trust Company to separate units. According to the company, the transfer agent processes the separation so investors receive individual ordinary shares (VECA) and rights (VECAR) in place of combined VECAU units.

Does the VECA unit separation affect trading of Vernal Capital Acquisition units on the NYSE?

The unit separation does not stop VECAU units from trading; unsplit units still trade under VECAU. According to the company, only holders who elect separation will trade VECA ordinary shares and VECAR rights individually, while others can continue holding combined units.

What type of company is Vernal Capital Acquisition (NYSE: VECAU)?

Vernal Capital Acquisition is a blank check company formed to pursue a business combination. According to the company, its purpose is to enter a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar transaction with one or more businesses.