- Armada Acquisition Corp. II (AACIU, Financial) will allow separate trading of its Class A shares and warrants starting June 24, 2025.
- The Class A shares and warrants will trade under the symbols "AACI" and "AACIW," respectively, on Nasdaq.
- Units not separated will continue to trade under the symbol "AACIU."
Armada Acquisition Corp. II (AACIU) has announced that effective June 24, 2025, investors holding the company's 23,000,000 units sold in its initial public offering can choose to trade the units' Class A ordinary shares and warrants separately. The Class A shares will trade on Nasdaq under the symbol "AACI," while the warrants will trade under "AACIW."
Investors who opt not to separate the units will see them continue to trade under the existing symbol "AACIU." It is important to note that no fractional warrants will be issued during the segregation process; only full warrants will be available for trading. To initiate the separation, holders must have their brokers contact Continental Stock Transfer & Trust Company, the company's transfer agent.
The registration statement for these securities was declared effective by the U.S. Securities and Exchange Commission on May 20, 2025. The company was supported in its offering by Cohen & Company Capital Markets as the lead book-runner, with Northland Capital Markets acting as joint book-runner. The successful offering reflects Armada's strategic focus on sectors such as financial services, Software-as-a-Service (SaaS), and generative artificial intelligence, guided by its experienced leadership team.
