Wintergreen Acquisition Corp. Announces the Separate Trading of its Ordinary Shares and Rights Commencing July 21, 2025
Rhea-AI Summary
Wintergreen Acquisition Corp. (NASDAQ: WTGUU) announced that starting July 21, 2025, holders of the 5,595,000 units from its May 30, 2025 IPO can separately trade the company's ordinary shares and rights.
Each right entitles holders to receive one-eighth of one ordinary share upon completing the initial business combination. The ordinary shares and rights will trade under symbols "WTG" and "WTGUR" respectively on the Nasdaq Capital Market, while unseparated units will continue trading as "WTGUU".
Positive
- None.
Negative
- Potential complexity in rights conversion with one-eighth share ratio
- No fractional rights will be issued, limiting some trading options
News Market Reaction
On the day this news was published, WTGUU gained 0.25%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
NEW YORK, July 16, 2025 (GLOBE NEWSWIRE) -- Wintergreen Acquisition Corp. (NASDAQ: WTGUU) (the “Company”) today announced that, commencing July 21, 2025, holders of the 5,595,000 units sold in the Company’s initial public offering completed on May 30, 2025, may elect to separately trade the Company’s ordinary shares, par value
This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities of the Company, 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 Wintergreen Acquisition Corp.
Wintergreen Acquisition Corp is a newly incorporated blank check company incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. While we will not be limited to a particular industry in our identification and acquisition of a target company, we intend to focus our search on businesses within the technology, media, and telecommunications sector.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described in the prospectus and the Company’s other filings with the SEC. The Company undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.
Source:
Wintergreen Acquisition Corp.
Attn: Mr. Bingzhao Tan
Chief Financial Officer and Director
Room 8326, Block B,
Hongxiang Cultural and Creative Industrial Park,
90 Jiukeshu West Road,
Tongzhou District, Beijing, PRC
Email: bz_tan@macrodm.com