Solarius Capital (NASDAQ: SOCAU) allows units to split into shares and warrants
Rhea-AI Filing Summary
Solarius Capital Acquisition Corp. reported that holders of its units can soon trade the underlying securities separately. Each unit consists of one Class A ordinary share with $0.0001 par value and one-half of one redeemable warrant, with each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 per share. Starting on or about September 5, 2025, investors may elect to separately trade the Class A ordinary shares and the warrants included in the units.
Units will continue to trade on the Nasdaq Global Market under the symbol SOCAU, while the Class A ordinary shares will trade under SOCA and the warrants under SOCAW. No fractional warrants will be issued upon separation, so only whole warrants will trade. Holders who want to separate their units must have their brokers contact Continental Stock Transfer & Trust Company, the company’s transfer agent.
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FAQ
What event did Solarius Capital Acquisition Corp. (SOCAU) disclose in this 8-K?
Solarius Capital Acquisition Corp. disclosed that holders of its units may elect to separately trade the underlying Class A ordinary shares and redeemable warrants included in those units, starting on or about September 5, 2025.
What does each Solarius Capital Acquisition Corp. unit (SOCAU) consist of?
Each unit consists of one Class A ordinary share with $0.0001 par value and one-half of one redeemable warrant. Each whole warrant is exercisable for one Class A ordinary share at an exercise price of $11.50 per share.
When can SOCAU unit holders begin separately trading the Class A shares and warrants?
Holders of Solarius Capital Acquisition Corp. units may elect to separately trade the Class A ordinary shares and the redeemable warrants included in the units commencing on or about September 5, 2025.
What are the Nasdaq trading symbols for Solarius Capital Acquisition Corp. units, shares, and warrants?
The units trade on the Nasdaq Global Market under the symbol SOCAU. After separation, the Class A ordinary shares trade under SOCA and the warrants trade under SOCAW.
Will fractional Solarius Capital Acquisition Corp. warrants be issued when units are separated?
No. The company states that no fractional warrants will be issued upon separation of the units, and only whole warrants will trade.
How can SOCAU holders separate their units into Class A shares and warrants?
Holders of units must have their brokers contact Continental Stock Transfer & Trust Company, Solarius Capital Acquisition Corp.’s transfer agent, in order to separate the units into Class A ordinary shares and warrants.