B&R Technology SPAC units trade separately Sept. 10
B&R Technology Merger Corp. (BRTMU) reported that its units from the initial public offering, each consisting of one Class A ordinary share and one-third of a redeemable warrant, will begin separate trading on the Nasdaq Stock Market on September 10, 2026.
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B&R Technology Merger Corp. (BRTMU) reported that its units from the initial public offering, each consisting of one Class A ordinary share and one-third of a redeemable warrant, will begin separate trading on the Nasdaq Stock Market on September 10, 2026.
After that date, any unsplit units will continue to trade under the symbol “BRTMU”, while the Class A ordinary shares and warrants will trade separately under the symbols “BRTM” and “BRTMW”, respectively. Each whole warrant entitles the holder to purchase one Class A ordinary share at an exercise price of $11.50 per share. No fractional warrants will be issued upon separation and only whole warrants will trade. Holders who wish to separate their units must have their brokers contact Continental Stock Transfer & Trust Company, the transfer agent.
The company reiterates that it is a blank check or special purpose acquisition company formed to pursue a business combination, with a primary focus on technology growth businesses benefiting from artificial intelligence tailwinds.
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