- Copley Acquisition Corp (COPLU, Financial) to begin separate trading of its Class A shares and warrants on June 2, 2025.
- 17,250,000 units sold in the IPO, including 2,250,000 through overallotment.
- The company's shares and warrants will trade under the symbols COPL and COPLW, respectively.
Copley Acquisition Corp (COPLU) has announced that starting on or about June 2, 2025, holders of its units from the initial public offering will be able to trade Class A ordinary shares and warrants separately. The IPO, which concluded on May 2, 2025, successfully sold 17,250,000 units, including 2,250,000 units from underwriters' overallotment option.
Currently, these units are traded on the New York Stock Exchange under the symbol "COPLU". However, post-separation, the Class A shares will trade under "COPL", and the warrants will be under "COPLW". No fractional warrants will be issued, and only whole warrants will trade.
Holders wishing to separate their units must have their brokers contact Continental Stock Transfer & Trust Company, the company's transfer agent. Copley Acquisition Corp is a blank check company incorporated in the Cayman Islands, aiming to execute a business combination through merger, share exchange, or similar transaction.
A registration statement for these securities was declared effective on April 30, 2025, and is filed with the SEC. It is essential to note that this announcement does not constitute an offer to sell or solicit an offer to buy these securities in any jurisdiction where such activities would be unlawful.
