New York, NY, Dec. 30, 2021 (GLOBE NEWSWIRE) -- Arena Fortify Acquisition Corp. (NASDAQ: AFACU) (the “Company”) announced that, commencing December 31, 2021, holders of the units sold in the Company’s initial public offering of 17,250,000 units, which included 2,250,000 units issued as a result of the full exercise of the underwriters’ option to purchase additional units to cover over-allotments, completed on November 15, 2021, may elect to separately trade the shares of Class A common stock and warrants included in the units. Any units not separated will continue to trade on The Nasdaq Global Market (the “Nasdaq”) under the symbol “AFACU,” and the separated shares of Class A common stock and warrants are expected to trade on the Nasdaq under the symbols “AFAC” and “AFACW,” respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Unitholders will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, to separate the units into shares of Class A common stock and warrants.
Arena Fortify Acquisition Corp. Announces the Separate Trading of Its Shares of Class A Common Stock and Warrants Commencing December 31, 2021
Dec 30, 2021
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